Great announcemnent today ..
Looks like MAK will keep the market very interested - that's for sure judging by their constant stream of announcements.
Even if you conservatively use $300/ton as the price of the rock phosphate concentrate - that's a conservative margin of US $200/ton.
Based on a 2Mtpa - 3Mtpa production rate of concentrate ..
a gross profit of $400 mill to $600 mill/ annum and a net profit of at least $250 mill - $350 mill /annum.
should be trading at under 1x p/e !
Naturally I've loaded up to the hilt.
Great announcemnent today ..Looks like MAK will keep the market...
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