what's mak worth now, page-2

Saracen, I don't think your rough calculations are unreasonable expectations at all. While there are still plenty of unknowns and always variables, IMO the stars are alligning for MAK & its holders and have been doing so for some weeks if not months now. NMDC are serious about lining up with MAK and I expect it's being driven by their owner, rather than just by management. The Indian govt shelve out huge amounts in fert subsidies and they need to mitigate (or at least manage) this as much as possible. MAK is part of that strategy I expect. This is game on!
Cheers