I think the problem for most investors is the unknown price we will get for MAK's RP when in production. As this becomes
clearer you will see one of two things.
1. A huge increase in share price.
2. The project being placed in mothballs which will result in, well let's not go there.
For number 2 to happen it will mean that RP prices will have to fall to approx. $US125 ??
I wonder if there is any producer that can sell it for $US125
and still turn a profit?
Let's not forget the pricing. It seems to jump in blocks of $50 or $100's. Now if we are mining 3 to 5MT pa can you imagine how the market will react to future pricing.
Maybe MAK's volatility will continue well into it's production future.
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Open | High | Low | Value | Volume |
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6 | 3983545 | 0.011 |
6 | 4179547 | 0.010 |
4 | 2955500 | 0.009 |
2 | 320000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
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0.014 | 2183982 | 8 |
0.015 | 2748633 | 11 |
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