Jad
No problems .. its hard to give advice to another. I generaly just post my views on a stock & its merits, & leave the rest to others.
With MAK it has run hard and so might suite seasoned traders who have spare cash & are risk-tolerant.
If you feel ou fit that sort of bill, then the merits of a part investment in MAK are:
1] It has still not reached its top yet
2] small amount of shares on issue
3] unique deposit that is world class & of worl significance
4] Rock phosphate & DAP prices on the rise
5] Beside the 100mill/t high-grade resource, the deposit is huge, and couls still grow significantly
6] Despite the SP rise so far, the MAK is still small at around $120mill ... compare that to AGS which has only 25% of a $7bill deposit at Bev 4mile, yet has a $280mill MC. MAK has a $4bill resource in the high-grade portion alone - Based on this, MAK should have a MC of around $560mill and be trading at around $5 plus to even be level with AGS.
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