sb, individual stocks, if they meet their developemnt schedules...

sb, individual stocks, if they meet their developemnt schedules to producers will re-rate, and that doesnt mean they are locked to some sentiment of the all ords.

Let us for argumets sake, say that it is now 12m on, and mak is but a few months to turnkey start production, and that the market, well, has just drifting sideways at 3500pts.

Maks sp will be higher, given proximity of startup and re-rating to producer (having removed all spec status, by delivering offtakes, finance, constructions, etc), and will have no bearing on the fact that the rest of the market is in a haze still.

Jan 08 maks run against the first crash, is evident.

Of course, most of that, was too far, too early, but now we have done the retraction, along with the wider crash, and find support at 50c, for a more sustained growth.

The chart tells me, it has one way to go, up.

To go further down, market needs to find something wrong with the project, and find the sellers willing to walk away from 12m dso. Given the faithful following, plenty prepared to step up at 50c to support.

Now, get an insto on board, with the new pr, and with thin sell volumes, could see the picture change.

cheers