AEV 0.00% 1.0¢ avenira limited

phosphate rival up 12% overnight

  1. 3,048 Posts.
    Legend based in QLD rose to $1.30 overnight. In 2008 legend and MAK had similar charts rising and falling. This is due to similar prospects where both are aiming to mine Rock Phosphate from Australia.

    Legend's projects will have a slower start with the need to beneficiate their ore in the early stages because they lack large amounts of DSO. Their transport infrastructure -dirt roads - will need a little work to get them moving large amounts of material also.

    It all bodes well for MAK!
 
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