still very cheap when you look at poz, page-8

(A discount to the production price. That's a couple of years away)

LOL spotted DG,

And what price do you think it would be at production?????

I agree that it should be at a discount but even at a discounted rate the current share price for MAK is massively undervalued.

I'm surprised that the market cap for MAK is under 400 million dollars. For a company like this that should be in production in 18 months or less I'd expect to be paying alot higher per share.

It's only a matter of time now before the market cracks on to this and once Neville Bergin starts in 1 months time I think we will see a substantial re-rating.

As AD said, they expect Neville Bergin to add shareholder value quickly.

Champ