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Verman, I concur with you. This stock is now an engineering...

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gweston

977 Posts.

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05/09/14

12:37

Post #: 13930450
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Originally posted by vermav ↑

Hi Temple7,

I am an engineer and have been associated with the construction and commissioning of many mining and chemicals plants, for which the process is well known. Despite that, even commissioning such plants is not plain sailing.

I am also familiar with a plant on our site where the technology is very tightly protected. That plant took many years to achieve nameplate capacity because progress was achieved through trial and error. No one to consult.

I have no more information than other shareholders but I do understand what is happening with JDC due to their process being a totally new route. They will fix one problem at a time and then move on to the next. the next issue does not always reveal itself till you've solved the one preventing you moving forward.

However, I do agree that MAK management could update shareholders a little more often. Keep in mind though that JDC's priorities may not correspond with those of MAK. JDC may no be willing to disclose too much about their technology, until its proven reliable on an industrial scale and is ready to be marketed. Like any vendor, they will make their money from licensing this technology and technical support.

I appreciate this may not make you feel much better about MAK. I've held for a few years, and now at a loss, but it's money I do not need at present. If it happens, this will be a great story. And I have belief that the process will be a success, just depends how MAK handle it from there onwards to production.

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Verman, I concur with you. This stock is now an engineering play.
The process works.
All it will take to get this process to commercial viability is money and time. Hoping MAK and JDC have enough of both.
Holding since 2009
gw

AEV Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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Verman, I concur with you. This stock is now an engineering...

Westgold sets its sights on top five producer status through merger with Karora

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Verman, I concur with you. This stock is now an engineering...

Top Stories

Westgold sets its sights on top five producer status through merger with Karora

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Is oil undervalued?

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Cost blow-out for Rook I uranium project sees share plummet for NexGen

GreenX picks up prospective copper project in Germany

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

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