Jeeze you guys sound like picking the "next big thing" is so easy, lol.
I would act with caution, theres a lot to go.
FMG 20 billion MC is justified. Look at their actual resource, and they will be in production mid year. But still its a blue sky to justify 20 billion. FMG is the greatest story ever. I doubt it will repeat. Don't compare MAK and FMG, MAK could have a magnetite project but they take a lot of time/effort to develop. Only a few companies look to actually develop those projects.
Correct if MAK can make 200m a year a $20 share price would be justified considering its current shares on issue. I'll have a better look at this stock tonight when I finish work. Its very blue sky at the moment IMO>
Jeeze you guys sound like picking the "next big thing" is so...
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