GREY:MAAFF - Post by User
Post by
Brainwave1on Dec 28, 2007 12:26am
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Post# 14127518
Good volume
Good volumeNew insider options being priced at $1.96 are probably what has propelled the recent upside, though that is unlikely to be a floor for long. The value will be realised as execution risk unwinds, which will take some while yet. Production is not expected til 2009 on the Potassium project, at earliest, with the rest of the suite of integrated investments to follow, plus the rest of their peripheral projects in power and foresty. But it's a good company with a credible record on realising project milestones and creating value; if you are willing to wait and take the longue duree approach the rewards are there.