AEV 0.00% 0.5¢ avenira limited

still very cheap when you look at poz

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    POZ 118M FD @ 65c = MC $77M for 83Mt = $1.08/t IGV

    MAK 111M FD @ 143c = MC $159M for 1.95Bt, or the high grade stuff alone at least 72Mt Main Zone plus say 50Mt Aruwurra = 122Mt high grade = $0.76/t IGV

    MAK on the full whack of 1.96Bt = $0.08/t.

    No brainer if you are looking for the best phosphate play IMO.

    AD is confident we will have cash coming in 2010 on 3mtpa.
 
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