what about the road, page-41

Tigermoth, you're telling the story, you are telling us its going to be 1mill. Did you expect them to start mining 3mill tonne per year from day 1 of production in a year's time? The fact is right now we don't know how many tonnes will be achieved in the first year as we do not know what the status of the port expansion will be and how well commissioning will go, and what alterations will need to be made to maximise output, what the weather will be like ect etc etc.

The important point is that if MAK after their first year of production have spit out 1mill tonnes then the coffers will be getting pretty full and production will only increase from there.

You are worryng your little mind too much. Even at 1mill tonnes production MAK will be multiples of its current share price. If 2mill well north of that, If 3 tonne well north of that again, and if eventually the rail line is built and they get the 4-5-6mill tonnes they are aiming for, well then name your share price. Thats not going to happen on day 1, it mght be 3 or 4 years down the track (pardon the pun) if they do as expected get to production status.