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AEV - Avenira Limited

Re: MAK - Minemakers

but whilst I'm here, does anyone know what the attitude of the Tassie govt is towards uranium mining? It seems pro-development to me, but I don't know in relation to uranium.
The Tas govt is generally pro-development but there's a lot more to Tassie politics than what the government wants. A LOT more.

A bill to prohibit nuclear power generation and uranium mining in Tas was defeated by both Labor and Liberal yesterday. The bill was put up by the Greens.

Tasmanian premier Paul Lennon has however said that "Tasmania doesn't need nuclear power". A comment that's absolutely correct in a technical sense since in the absence of a very major rise in power demand, a nuclear plant just wouldn't be viable to build. Unlike the mainland states, Tas has a virtually zero ongoing cost renewable supply for over 94% of its electricity (predominantly hydro and a bit of wind). A nuclear plant to supply the other 6% just wouldn't stack up technically or financially.

The Tas government has a strong vested interest in renewables since it is the 100% owner of the Hydro-Electric Corporation, by far the state's largest financial asset with operations in Tas, on the mainland and overseas. The Tas govt has far more to gain from promoting renewables than nuclear energy.

Don't for a moment underestimate the vote swinging capability of energy in Tasmania. It's seen leaders dumped, governments thrown out and at different times both major partys virtually annihilated at the polls. And of course it created the Greens in the first place.

So I just can't see Labor in Tas easily backing a U mine. They might back it but its not something that would come naturally and not without a lot of thought. It would be like the Pope advocating condoms. Possible but not a natural position to be taking.

Overall, I'd be very surprised to see a proposal for a uranium mine in Tas NOT meet with a response very similar to any of the past major environmental battles such as the Franklin, Wesley Vale etc. Labor may well be in government, but the Greens are undoubtedly a very major force in Tas politics whether elected or not. Both Labor and especially Liberal governments have seen past policies and major projects stopped or at least seriously threatened by the Greens - simply being in government doesn't guarantee anything.

I'd be surprised if appropriately worded triangles aren't already being printed ready for the campaign...
 
Re: MAK - Minemakers

Largely agree smurf...political hurdles abound. Have a look at PES and see how that fits the more immediate TAS/green agenda
 
Re: MAK - Minemakers

The Tas govt is generally pro-development but there's a lot more to Tassie politics than what the government wants. A LOT more.

A bill to prohibit nuclear power generation and uranium mining in Tas was defeated by both Labor and Liberal yesterday. The bill was put up by the Greens.

Tasmanian premier Paul Lennon has however said that "Tasmania doesn't need nuclear power". A comment that's absolutely correct in a technical sense since in the absence of a very major rise in power demand, a nuclear plant just wouldn't be viable to build. Unlike the mainland states, Tas has a virtually zero ongoing cost renewable supply for over 94% of its electricity (predominantly hydro and a bit of wind). A nuclear plant to supply the other 6% just wouldn't stack up technically or financially.

The Tas government has a strong vested interest in renewables since it is the 100% owner of the Hydro-Electric Corporation, by far the state's largest financial asset with operations in Tas, on the mainland and overseas. The Tas govt has far more to gain from promoting renewables than nuclear energy.

Don't for a moment underestimate the vote swinging capability of energy in Tasmania. It's seen leaders dumped, governments thrown out and at different times both major partys virtually annihilated at the polls. And of course it created the Greens in the first place.

So I just can't see Labor in Tas easily backing a U mine. They might back it but its not something that would come naturally and not without a lot of thought. It would be like the Pope advocating condoms. Possible but not a natural position to be taking.

Overall, I'd be very surprised to see a proposal for a uranium mine in Tas NOT meet with a response very similar to any of the past major environmental battles such as the Franklin, Wesley Vale etc. Labor may well be in government, but the Greens are undoubtedly a very major force in Tas politics whether elected or not. Both Labor and especially Liberal governments have seen past policies and major projects stopped or at least seriously threatened by the Greens - simply being in government doesn't guarantee anything.

I'd be surprised if appropriately worded triangles aren't already being printed ready for the campaign...
That is a shame as its Tasmanian uranium prospects look very prospective with past assays attaining as much as 13.6% U3O8, or 300 lbs/tonne. Luckily this company is diversified and has quite a number of good prospects.
DYOR
 
Re: MAK - Minemakers

Gidday Greggy...to say these guys are diversified is a touch of an understatement. Definitely to the benefit of SP though...MAK holding up well. I believe that the NT tenements covering both Phosphate & U are the logical place to carve out a U resource. Handy to have the other U prospects (WA/TAS) in the cupboard though.
I think the Southdown Fe assays should give MAK some upward momentum in the shortterm. Hopefully soon (like today would be nice)...be refreshing to some green amongst raging sea of red
 
Re: MAK - Minemakers

Gidday Greggy...to say these guys are diversified is a touch of an understatement. Definitely to the benefit of SP though...MAK holding up well. I believe that the NT tenements covering both Phosphate & U are the logical place to carve out a U resource. Handy to have the other U prospects (WA/TAS) in the cupboard though.
I think the Southdown Fe assays should give MAK some upward momentum in the shortterm. Hopefully soon (like today would be nice)...be refreshing to some green amongst raging sea of red
It would perhaps be better if MAK were to wait for a good day before releasing any results so to maximise its effect. This is clearly a stock with strong potential on a number of fronts.
DYOR
 
Re: MAK - Minemakers

I do agree Greggy...just having a laugh at my predicament today. Ideally MAK SP will hold up & waves of selling subside before it is released to an attentive audience. The release of +ve Fe assay results were flagged in the recent presentation so could happen as soon as next week. Are you onboard this one??
 
Re: MAK - Minemakers

Showing strong resilience in the poor markets..I've been on since 19.5c


Company has a sload of projects, they've got to be worth something (although of course results will be the driving factor)
 
Re: MAK - Minemakers

I should have added to my previous post that mining per se isn't something that causes a great deal of fuss in Tas. As long as it's not in the World Herritage Area or a National Park then it's not really an issue. Hence the zinc, copper, tin, gold, lead etc being mined without any real fuss.

Contrary to popular belief, whilst Tas does not have the massive scale mines that WA etc does mining is nonetheless a substantial industry in the state. Mineral processing, as distinct from actual mining, is by far the state's largest source of exports (most of the ores being processed are produced outside the state).

So mining itself isn't the problem. Neither is processing. A bit of an issue but not to the point that it would actually be stopped. But Mt Lyell, Rosebery, Savage River, Beaconsfield etc don't mine uranium. And TEMCO, Zinifex and Comalco don't process uranium. Gold can't be used to blow up foreign countries. Paragoethite isn't radioactive. That's the issue - nuclear.

Overall, Tassie is proably 20+ years behind the rest of the country in the uranium debate since it has always been seen as a mainland issue of no real local relevance. It's the reverse of the renewable energy debate - that oil is limited and coal pollutes is an idea that's decades old in Tas but it's only recently attracting attention nationally.
 
Re: MAK - Minemakers

Gidday Smurf, MAK's non-U projects in Tassie are my main area of interest...generally these entail resurrecting old mines (Tin & Tungsten). From a Tassie angle...Are you familiar with the companies PES (coalseam gas for "greener" energy generation) and INL ("recycling" of metals discarded in historic slag-heaps & tailings dams; new efficient metal processing technologies that minimise waste-streams)?? Both have environmental positives that will benefit Tassie over the longerterm and really provide a positive model to which other companies there should aspire to..
 
Re: MAK - Minemakers

I do agree Greggy...just having a laugh at my predicament today. Ideally MAK SP will hold up & waves of selling subside before it is released to an attentive audience. The release of +ve Fe assay results were flagged in the recent presentation so could happen as soon as next week. Are you onboard this one??
Hi Col Lector,

Unfortunately, I missed the boat with this one. MAK's share price had another good day yesterday in a sea of red. Positive momentum is continuing. The iron ore results (when they come out) will be an interesting read. Its also good that MAK's management likes to keep the market fully informed of its various projects. I wish more companies out there would do the same. Good luck to all MAK shareholders.
DYOR
 
Re: MAK - Minemakers

MAK's MD - Andrew Drummond's Presentation at 2007 AMEC National Mining Congress is able to be heard/viewed at
http://www.brr.com.au/event/MAK/2097/2416197/24161

His talk fleshes out the presentation given mid-last week eg, awaiting overdue assays for both Fe & Sn/W projects; hurdles to be overcome with NT phosphate/Uranium and Moina fluorite projects...etc. Pretty positive stuff..
 
Re: MAK - Minemakers

MAK's MD - Andrew Drummond's Presentation at 2007 AMEC National Mining Congress is able to be heard/viewed at
http://www.brr.com.au/event/MAK/2097/2416197/24161

His talk fleshes out the presentation given mid-last week eg, awaiting overdue assays for both Fe & Sn/W projects; hurdles to be overcome with NT phosphate/Uranium and Moina fluorite projects...etc. Pretty positive stuff..
Thanks Col. This is good stuff, cheers. He's pretty frank and confident about being re-rated once the W Southdown numbers come out, and it didn't sound like a ramp to me. :) I'm surprised he's directly compared this deposit to Grange's, as I didn't think the anomoly was the same size. Grange market cap $180m, MAK $10m. :confused: He's really ramping the tin/tungsten projects in Tassie! :eek: I should give him an infraction!

PS, his very last comment "if we get one or two of these to work we will go into the stratosphere!" Banned!!!!!!!
 
Re: MAK - Minemakers

And Kennas....notice he managed to get that amount of ramping in despite apparently being pushed for time....if he was given another 20 mins I reckon the whole room would have nominated MAK as a top-50 (nay...top-10) stock in 10 years time...
 
Re: MAK - Minemakers

Still waiting for the Southdown and Tin results. Waiting, waiting.

Noticed the sellers dry up quite a bit last 2 days. Not sure what that really means, but I suppose less people want to sell. Or, no one is interested. :)

Chartwise looks like it could break up from this consolidation. The last big white candle is pretty positive, but volume is way off. :confused:

Will probably only be driven by the news.

(holding)
 

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Re: MAK - Minemakers

Still waiting for the Southdown and Tin results. Waiting, waiting.

Noticed the sellers dry up quite a bit last 2 days. Not sure what that really means, but I suppose less people want to sell. Or, no one is interested. :)

Chartwise looks like it could break up from this consolidation. The last big white candle is pretty positive, but volume is way off. :confused:

Will probably only be driven by the news.

(holding)

What happened to all the sellers? They just dissappeared! Kennas what happened?

The volume and chart yesterday didn't suggest that all those sellers got cleared,

And the volume today didn't suggest it,

What happened to them?
 
Re: MAK - Minemakers

Kennas.
When the sell side is this thin you dont need volume to run.

Very tiny market cap stock, the sell depth was totally empty a few mins ago.
 
Re: MAK - Minemakers

YT.
Can you please get rid of that avatar.
Its really annoying and totally changed my impression of you :p:
LOL ;)
 
Re: MAK - Minemakers

YT...there just were NO sellers! Depth had 4-5 sellers all day yesterday. First time I've ever seen it on a stock (with reasonable daily volume etc.) that hadn't run hard the other day.
 
Re: MAK - Minemakers

whats making these guys move so much?

I had a look into the company looks like they have a couple uranium prospects but no holes drilled or anything, is there an imminent market release?
 
Re: MAK - Minemakers

Could it be expectation of JV ann for the tungsten project. Their iron ore / tassie projects and other look like they are in early stages of determining resources.

I do like to small market cap, does anyone with a good trading account know the status of top 20 holders
 
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