AEV 33.3% 0.4¢ avenira limited

what assurance, page-5

  1. 6,452 Posts.
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    Karoshi,

    Just going off some of those stocks you mentioned, a few were in the oil and gas sector. There isn't a riskier sector, it's boom or bust.
    I'll just mention GDN, so much talk went on that they have this and that and the market cap got to a ridiculous level 100m+ with no defoned resource.

    We know MAK have a resource, 72-115Mt @23% phosphate and the 1.95Billion tonne @14%. So we don't have to be guessing.
    You can use this plus the info the company provided in the Investor presentation. As mentioned before at current prices MAK look to make around $100 per tonne and plan to produce 2mtpa.

    Important not to mix HARD FACTS with speculation.
    That can be the difference when comparing certain stocks.

    I can't see MAK crashing unless the price for rock phosphate falls sharply, everything else looks set in place
 
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