timetable, page-8

Agreed Zmans, lots of anger about missed timelines ,but I would much rather that, than a second rate deal where we give away 90% of these world class assets simply because we are going through a period of RP price weakness.

Lets face it ,if phosphate held decent prices ,MAK would have blitzed it .This is really beyond managements control .

Then add to that the resource rent tax debacle which destroyed any chance of getting a cap raising away at a sensible price . You have to feel for MAK management .Circumstances havent been kind to them .

Looking forward ,I see light at the end of the tunnel with surging RP prices .

That is the only thing MAK needs to move forward to score a sensible deal .

2011 will be a big year for MAK .