Remember the SMM discussions when SMM went from 10 cents to 70...

Remember the SMM discussions when SMM went from 10 cents to 70 cents. Everyone was so concerned with the daily ups and downs than nobody could be bother realising that Uranium was powering away and SMM represented the largest Uranium deposit in Australia and that it would peak at $6.50.

Now back to MAK.

Structural change in market occurring - Just like the Uranium bull run

Price of DAP going ballistic - Just like the Uranium bull run

MAK owns the largest undeveloped phosphate resource in Australia - Just like the Uranium bull run and Summitt.

Stop looking at the minutae and look at the big picture - This is a structural change not just a company called MAK. Look at IPL price as proof.

Unlike Uranium though - and probably the most exciting part is there won't be a proliferation of phosphate companies listing on the ASX to dilute the potential returns from the sector. i.e. lots of listings results in returns spread across multiple bets.

There are no alternatives - MAK is the play and there is no other resource left to come to market.

MAK IS THE PERFECT STORM THAT YOU ONLY GET TO FIND EVERY FEW YEARS.