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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Karoshi,Just going off some of those stocks you mentioned, a few...
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Last
0.9¢ |
Change
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Mkt cap ! $28.59M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $31.86K | 3.540M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 57959 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.0¢ | 6540823 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 57959 | 0.009 |
10 | 6435000 | 0.008 |
6 | 3247490 | 0.007 |
5 | 2585000 | 0.006 |
2 | 1300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 6540823 | 13 |
0.011 | 1100099 | 2 |
0.012 | 2544954 | 2 |
0.013 | 1234269 | 4 |
0.014 | 571499 | 2 |
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