AEV 12.5% 0.7¢ avenira limited

hand brake

  1. gfu
    684 Posts.
    what a great disappointment the last 2 days after a good announcement where we all were waiting for, for such a long time, followed up by a SP towards $0,50 and then back again to $0,445 , MAK was one of the very few stocks down anyway today.
    Things looking much better for MAK, awaiting 2 (substantial ) resource updates, phosphate prices starting to raise again early 2010, they have proved to be able to mine and one can expect one or more off take agreements in Q1/Q2.
    Profit will come anyhow, one day or the other, this is a starting up business and one must look in the long run, as any other business ( FMG took also some while).
    They own great resources, fe do not forget the magnetite deposit beside Grange Resources.
    The current SP is in no relation towards its potential and resources, seems somebody put a hand brake on this stock, hopefully he will surrender soon and realise he/they are wrong and SP will rocket to a minimum of LGDI (Legends ) height or more.
    Good change MAK will have a well deserved revival in 2010 and this is not just wishfull thinking but common sense and basic economics.
    Wish you all a merry X Mas and happy new ( MAK ) year.
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