AEV - Avenira Limited
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hangseng
Gong Xi Fa Cai
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Re: MAK - Minemakers
Following a discussion Kennas offline I have decided it proper to correct my what may be termed overuse of expletives on the subject of reef damage caused by fertilisers.
In reviewing my wording I retract the probably over enthusiastic term "total destruction of complete reef systems" and replace with "significantly contributing to the degradation of reef systems and corals", which is basically the fact of what I was intending to communicate. Also I neglected to mention that Cadmium (found in phosphate fertilisers) is a major source of harm to corals as is the algal blooms caused by introduction of phosphates from all sources which includes phosphate fertilisers, in particular chemical fertilisers.
For what it is worth I actually like MAK and have done for some time. I suppose what I was doing was just adding a balance to the phosphate discussion, unintentionally and seemingly downgrading MAK.
I have sent Kennas many links, except these which are a little more direct.
http://www.pc.gov.au/__data/assets/pdf_file/0003/17544/sub039.pdf
http://www.demeter.org.au/case-study2.pdf
The discussion over fertiliser run-off contributing to the environmental harm of reef systems is real, however I apologise if I was seemingly putting down MAK, definately not intended.
Love it or hate it fertiliser demand in the near future is going to be huge and MAK will be a winner in this. The negative effects of this longer term in regard to my environmental side of the discussion remain to be seen.
My disclosure in all of this. I am a lover of anything related to the open seas, reef systems, diving and recreational fishing. Oh, and I also believe permiculture has a place as does responsible use of fertlisers.
Cheers to all
Hangseng
HS, I look forward to a reference for where Fertilisers have "destroyed major reef systems worldwide". I'm truly interested if this is the case, cheers.
More news out. MAK ann they've appointed some contarctors to get on with the business of taking Wonarah forward. They're moving pretty quick with this which is good to see. Perhaps trying to fast track things while Rock Phos is at such high levels.
Following a discussion Kennas offline I have decided it proper to correct my what may be termed overuse of expletives on the subject of reef damage caused by fertilisers.
In reviewing my wording I retract the probably over enthusiastic term "total destruction of complete reef systems" and replace with "significantly contributing to the degradation of reef systems and corals", which is basically the fact of what I was intending to communicate. Also I neglected to mention that Cadmium (found in phosphate fertilisers) is a major source of harm to corals as is the algal blooms caused by introduction of phosphates from all sources which includes phosphate fertilisers, in particular chemical fertilisers.
For what it is worth I actually like MAK and have done for some time. I suppose what I was doing was just adding a balance to the phosphate discussion, unintentionally and seemingly downgrading MAK.
I have sent Kennas many links, except these which are a little more direct.
http://www.pc.gov.au/__data/assets/pdf_file/0003/17544/sub039.pdf
http://www.demeter.org.au/case-study2.pdf
The discussion over fertiliser run-off contributing to the environmental harm of reef systems is real, however I apologise if I was seemingly putting down MAK, definately not intended.
Love it or hate it fertiliser demand in the near future is going to be huge and MAK will be a winner in this. The negative effects of this longer term in regard to my environmental side of the discussion remain to be seen.
My disclosure in all of this. I am a lover of anything related to the open seas, reef systems, diving and recreational fishing. Oh, and I also believe permiculture has a place as does responsible use of fertlisers.
Cheers to all
Hangseng
Sean K
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Re: MAK - Minemakers
I am a long time diver and worked as a divemaster for some time in the Carribean. Would hate to think that Rock Phos was killing the fishes....
kennas
Thanks HS,
I am a long time diver and worked as a divemaster for some time in the Carribean. Would hate to think that Rock Phos was killing the fishes....
kennas
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Re: MAK - Minemakers
Early Start to Metallurgical Testwork at Wonarah
this is posted abit late but for those who are not aware of the 20% jump in price..
Minemakers has secured a diamond drilling rig in the NT.
watch this one
Early Start to Metallurgical Testwork at Wonarah
this is posted abit late but for those who are not aware of the 20% jump in price..
Minemakers has secured a diamond drilling rig in the NT.
watch this one
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Re: MAK - Minemakers
I hope they keep this up until the end of the month, I've currently got a 100% lead in the stock tipping competition
==> https://www.aussiestockforums.com/stocktip.php
I hope they keep this up until the end of the month, I've currently got a 100% lead in the stock tipping competition
==> https://www.aussiestockforums.com/stocktip.php
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Re: MAK - Minemakers
yeah you have made a slight gap on us all
i made the poor decision recently to sell this stock at 56 cents!
yeah you have made a slight gap on us all
i made the poor decision recently to sell this stock at 56 cents!
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Re: MAK - Minemakers
Dang I'm also rue-ing the day I sold out at 50 cents! I'm a bit scared now to jump in as I can't believe how high this has gone...and just over securing a drilling rig!?
If the results aren't great I'd hate to be stuck in this high.
Keeping a close eye though.
Dang I'm also rue-ing the day I sold out at 50 cents! I'm a bit scared now to jump in as I can't believe how high this has gone...and just over securing a drilling rig!?
If the results aren't great I'd hate to be stuck in this high.
Keeping a close eye though.
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Re: MAK - Minemakers
i can't see why the results would be bad....rio already ran the ruler over it and came up with pretty solid figures making it economically feasible at $100 a ton...unfortunately for rio it was only $40 a ton at the time and so they gave it up to indo.
now that P is $200+ a ton, obviously at least $100 a ton is sheer profit, and by rio's figures there is at least 73 million tons. As Andrew Drummond said, they'll be mining it after he's dead! Also not to forget the Aruruwa prospect nearby, which is said to be closer to the surface and hence cheaper to mine and to have very high grades of 30%...we'll just have to wait and see.
Meanwhile P is a finite and diminishing resource..in danger of running out in the next 60 to 130 years (depending on which report you read), so while the price of P might correct, it will probably never return to being uneconomical.
I am definately holding for the long term as imo we will see much higher prices still for this one.
i can't see why the results would be bad....rio already ran the ruler over it and came up with pretty solid figures making it economically feasible at $100 a ton...unfortunately for rio it was only $40 a ton at the time and so they gave it up to indo.
now that P is $200+ a ton, obviously at least $100 a ton is sheer profit, and by rio's figures there is at least 73 million tons. As Andrew Drummond said, they'll be mining it after he's dead! Also not to forget the Aruruwa prospect nearby, which is said to be closer to the surface and hence cheaper to mine and to have very high grades of 30%...we'll just have to wait and see.
Meanwhile P is a finite and diminishing resource..in danger of running out in the next 60 to 130 years (depending on which report you read), so while the price of P might correct, it will probably never return to being uneconomical.
I am definately holding for the long term as imo we will see much higher prices still for this one.
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Re: MAK - Minemakers
Fantastic Kimosabi! Hope your holding as well as tipping it! It has to hold till up till the end of the month in tipping, not if your holding. Maybe my tip will pip the post by the end of Feb, after all, I have an extra day this month to do it.
I hope they keep this up until the end of the month, I've currently got a 100% lead in the stock tipping competition
Fantastic Kimosabi! Hope your holding as well as tipping it! It has to hold till up till the end of the month in tipping, not if your holding.
Maybe my tip will pip the post by the end of Feb, after all, I have an extra day this month to do it.
Sean K
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Re: MAK - Minemakers
Never been involved with such a climb before, with the options going from 5 to 100. I agree with comments about jumping in now, even though the longer term potential is clear. I thought all the big gains had been made to $1.00 ish, but who knows. With the market cap spiriling up, care needs to be taken. Just what is it worth on the funnies?? Need to see some more on the feasibility side of things me feels...
Target from the pole and pennant met at $1.20 ish. I'm not calling any more pole and pennant possibilities here....
Never been involved with such a climb before, with the options going from 5 to 100. I agree with comments about jumping in now, even though the longer term potential is clear. I thought all the big gains had been made to $1.00 ish, but who knows. With the market cap spiriling up, care needs to be taken. Just what is it worth on the funnies?? Need to see some more on the feasibility side of things me feels...
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Re: MAK - Minemakers
Here's a rundown of MAKs trading stats today Tuesday 19th Feb.
No. of Trades: 989
Volume: 4,752,497
Opening Price: 1.150
High Price:.......1.300 Record High.
Low Price:.......1.105
Todays Close $1.105
Todays Closing last 10 Trades.
16:10:59..1.105 10,000. $11,050.00
16:10:59..1.105 10,718. $11,843.39
16:10:59..1.105 25,000. $27,625.00
16:10:59..1.105 14,282. $15,781.61
16:10:59..1.105 4,031... $4,454.26
16:10:59..1.105 1,000... $1,105.00
16:10:59..1.105 1,600... $1,768.00
16:10:59..1.105 3,400... $3,757.00
16:10:59..1.105 2,600... $2,873.00 XT
16:10:59..1.105 10,000. $11,050.00
Here's an Intra-Day Trading Chart of the final 2 Hours of Trading between 2.00p.m. - 4.11p.m. which shows a final late sell off from $1.12 to a close of $1.105 on a Volume of 126,631 Shares. I personally find this Intra-Day Trading Chart the best Indicator to understand Buyer/Seller sentiment, Note ** especially into the final period of a days trading as it gives an insight to the next mornings Open
(clearly shows distinct selling from $1.17 down to todays close of $1.105)
5-day EMA:.. 0.913
10-day EMA: 0.806
15-day EMA: 0.736
30-day EMA: 0.608
Closing buyers depth $1.105 (1,058,715) 91 Count
Closing sellers depth $1.140 (489,512) 48 Count
_________________________________________________________
Past 10 Days of MAK Trading
Historical Values
Date.......... Open...High....Low.....Close........Volume
19-02-2008.. 1.150.. 1.300..1.105..1.105..... 4,752,497
18-02-2008.. 0.880.. 1.160..0.850..1.115..... 3,514,038
15-02-2008.. 0.870.. 0.895..0.830..0.845..... 721,425
14-02-2008.. 0.840.. 0.910..0.810..0.890..... 1,257,930
13-02-2008.. 0.890.. 0.905..0.810..0.810..... 1,293,121
12-02-2008.. 0.765.. 0.980..0.760..0.850..... 5,042,712
11-02-2008.. 0.680.. 0.730..0.635..0.730..... 2,279,214
08-02-2008.. 0.690.. 0.740..0.625..0.665..... 2,954,058
07-02-2008.. 0.530.. 0.660..0.530..0.660..... 2,072,902
06-02-2008.. 0.525.. 0.530..0.490..0.520..... 292,770
What a ride
*** NOTE 8th of January 2008 MAK was trading at 26cents
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Cheers from grant64
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Here's a rundown of MAKs trading stats today Tuesday 19th Feb.
No. of Trades: 989
Volume: 4,752,497
Opening Price: 1.150
High Price:.......1.300 Record High.
Low Price:.......1.105
Todays Close $1.105
Todays Closing last 10 Trades.
16:10:59..1.105 10,000. $11,050.00
16:10:59..1.105 10,718. $11,843.39
16:10:59..1.105 25,000. $27,625.00
16:10:59..1.105 14,282. $15,781.61
16:10:59..1.105 4,031... $4,454.26
16:10:59..1.105 1,000... $1,105.00
16:10:59..1.105 1,600... $1,768.00
16:10:59..1.105 3,400... $3,757.00
16:10:59..1.105 2,600... $2,873.00 XT
16:10:59..1.105 10,000. $11,050.00
Here's an Intra-Day Trading Chart of the final 2 Hours of Trading between 2.00p.m. - 4.11p.m. which shows a final late sell off from $1.12 to a close of $1.105 on a Volume of 126,631 Shares. I personally find this Intra-Day Trading Chart the best Indicator to understand Buyer/Seller sentiment, Note ** especially into the final period of a days trading as it gives an insight to the next mornings Open
(clearly shows distinct selling from $1.17 down to todays close of $1.105)
5-day EMA:.. 0.913
10-day EMA: 0.806
15-day EMA: 0.736
30-day EMA: 0.608
Closing buyers depth $1.105 (1,058,715) 91 Count
Closing sellers depth $1.140 (489,512) 48 Count
_________________________________________________________
Past 10 Days of MAK Trading
Historical Values
Date.......... Open...High....Low.....Close........Volume
19-02-2008.. 1.150.. 1.300..1.105..1.105..... 4,752,497
18-02-2008.. 0.880.. 1.160..0.850..1.115..... 3,514,038
15-02-2008.. 0.870.. 0.895..0.830..0.845..... 721,425
14-02-2008.. 0.840.. 0.910..0.810..0.890..... 1,257,930
13-02-2008.. 0.890.. 0.905..0.810..0.810..... 1,293,121
12-02-2008.. 0.765.. 0.980..0.760..0.850..... 5,042,712
11-02-2008.. 0.680.. 0.730..0.635..0.730..... 2,279,214
08-02-2008.. 0.690.. 0.740..0.625..0.665..... 2,954,058
07-02-2008.. 0.530.. 0.660..0.530..0.660..... 2,072,902
06-02-2008.. 0.525.. 0.530..0.490..0.520..... 292,770
What a ride
*** NOTE 8th of January 2008 MAK was trading at 26cents
.
Cheers from grant64
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Re: MAK - Minemakers
Hi all,
For those who haven't bought into MAK, is it still ok to move in? Or too late?
I have been watching this one since mid Jan, but waiting for my tax return so I can put it in.....
Hi all,
For those who haven't bought into MAK, is it still ok to move in? Or too late?
I have been watching this one since mid Jan, but waiting for my tax return so I can put it in.....
Sean K
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Re: MAK - Minemakers
It's definately been re-rated on Wonarah, but just what the MC should be, based on the projected earnings, with the time/risk discount to production factored in, is very difficult. I did some rough earnings calculations on the previous page, which makes a 100m ish MC look pretty cheap still.
It's a tough one imaginator. I've been waiting for a decent pull back/consolidation to top up a few but it's just kept going, to my surprise. You would have to expect some more shortly, or perhaps now.
It's definately been re-rated on Wonarah, but just what the MC should be, based on the projected earnings, with the time/risk discount to production factored in, is very difficult. I did some rough earnings calculations on the previous page, which makes a 100m ish MC look pretty cheap still.
Re: MAK - Minemakers
I have not bought these yet as the year of 2007 was full of scars for me (falling knives). I have learnt from my former life - as best I can.
I am hoping to buy these at 70cents next month before drilling starts in April....only time will tell on that one!
I have not bought these yet as the year of 2007 was full of scars for me (falling knives). I have learnt from my former life - as best I can.
I am hoping to buy these at 70cents next month before drilling starts in April....only time will tell on that one!
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Re: MAK - Minemakers
Great number crunching going on here - just remember to knock 10% off any NPV calcs. for Indo (IDO) who sold Wongarah to MAK and still hold 10% Option to buy back in for 20% of the capex. But it hasn't moved their price..yet
Great number crunching going on here - just remember to knock 10% off any NPV calcs. for Indo (IDO) who sold Wongarah to MAK and still hold 10% Option to buy back in for 20% of the capex. But it hasn't moved their price..yet
chops_a_must
Printing My Own Money
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Re: MAK - Minemakers
I think this has quite a way to go to be honest. Potential retrace to about 85c? Not particularly keen on small caps at this stage... but interested in anything agricultural at the moment.
Do you know what time frame they think they can get the rock phos out in?
If the fed does try to inflate their way out of this, watch anything inelastic go beserk, including this stuff.
Not sure where you can get up to date rock phos prices, but have been using the etf "MOO" ticker on the amex to get a gauge on where these services/ products to ag type companies are going.
Cheers.
To be honest Chops, I reckon all the big gains have been made on this. 20c to almost $1 in 6 weeks...
However, the Phosphate story is a real one, and they are currently sitting on $65b IGV with a fairly simple deposit to mine and ship out. It's just relying on Rock Phos prices to remain robust and the stock should be trading much higher going towards production.
Assume Rock Phos stays at $200/t, they are targetiing 2-3Mtpa. Opex is projected to be under $100/t so 2-3Mtpa @ $100 = $2-300m profit less tax etc etc. Current MC $65m....MC might still have some room to move. Will need to raise quite a bit of cash to get it moving however, and/or maybe a partner. The company reckons they're going to take it forward solo but I think they're having a play with themselves.
Then add in Moina, Story's Ck, Franklin .....
Chart wise, could possible see a trace back to support as indicated, but there's also this new pole and pennant forming giving another rediculous target....
I think this has quite a way to go to be honest. Potential retrace to about 85c? Not particularly keen on small caps at this stage... but interested in anything agricultural at the moment.
Do you know what time frame they think they can get the rock phos out in?
If the fed does try to inflate their way out of this, watch anything inelastic go beserk, including this stuff.
Not sure where you can get up to date rock phos prices, but have been using the etf "MOO" ticker on the amex to get a gauge on where these services/ products to ag type companies are going.
Cheers.
Sean K
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Re: MAK - Minemakers
This is the indicative timeline to production. The procurement and construction phase looks a little short to me, but I suppose depends on what they need to actually do....
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Re: MAK - Minemakers
Overbought?
Kennas how is your pole and pennant formation looking? What was that target again?
I don't know if gaps will be filled as this was a break away, but would it be reasonable to assume some profut taking & and retrace of some sorts?
Yes the company has lots of different projects, but this is quite a move with impending results a decent 6 - 8 weeks away. Anyone with answers/additional info?
Overbought?
Kennas how is your pole and pennant formation looking? What was that target again?
I don't know if gaps will be filled as this was a break away, but would it be reasonable to assume some profut taking & and retrace of some sorts?
Yes the company has lots of different projects, but this is quite a move with impending results a decent 6 - 8 weeks away. Anyone with answers/additional info?
Sean K
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Re: MAK - Minemakers
Target from the last little formation was met at $1.40. I keep saying it, but some natural consolidation expected and required.
We should see some other news in regard to Moina, Franklin, Story Ck, and the Tasmanian radiometrics shortly. It's going to be a busy few weeks.
Possibly, but might be just finding what could be it's true value at the moment.
Target from the last little formation was met at $1.40. I keep saying it, but some natural consolidation expected and required.
We should see some other news in regard to Moina, Franklin, Story Ck, and the Tasmanian radiometrics shortly. It's going to be a busy few weeks.
Sean K
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Re: MAK - Minemakers
Quite high turnover when they only have 42.5m tradeable shares.
Will probably get a speeding ticket here. I think over a 15% gain is scrutinised. It's on the back of the Wonarah ann I think, even though that was some time ago, so that'll be their reply I imagine.
Wonder if it's just small investors buying in, or a larger fish is taking some bites? Heads up for a significant shareholder notice perhaps? Just speculation of course. IPL maybe? With all their other projects I wouldn't expect a takeover, but just an 'investment' perhaps.
Quite high turnover when they only have 42.5m tradeable shares.
Will probably get a speeding ticket here. I think over a 15% gain is scrutinised. It's on the back of the Wonarah ann I think, even though that was some time ago, so that'll be their reply I imagine.
Wonder if it's just small investors buying in, or a larger fish is taking some bites? Heads up for a significant shareholder notice perhaps? Just speculation of course. IPL maybe? With all their other projects I wouldn't expect a takeover, but just an 'investment' perhaps.
