the key thing at this time has little to do with share price (though it's hard to accept the decline), and more to do with company focus - so long as MAK pursues the 'business as usual' approach, and keep pushing their program to get Wonarah to production then the sp should gradually reflect that - and it looks at this point that phosphate prices will hold up sufficiently in the medium term to justify the exercise - that said, the share price in the meantime need not connect with the underlying 'reality' of the situation....
it depends I guess on whether you base your 'reality' on market price or on company fundamentals - both have validity and at some point they'll meet.... meanwhile....
will we see 80 cents this week, page-19
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