It's pretty clear to me this stock has been caught up with a lack of buying due to the broader market downturn. But I also believe this stock is under the radar and not many people follow Zircon mining stocks.
However the market will find it hard to ingnore an undiluted $29m company recieving $40m in 3 tranches within a short amount of time. A lot of producers of other commodities with similar market caps are looking at 2 - 4 years to generate that kind of revinue. MZI are now materializing it in just 4 months from now.
Also wouldn't it be nice if Zircon was the next big sector to run given the extremely high Zircon prices..!
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