MZI mzi resources ltd
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trading halt announced, page-15

  1. Peppie
    3,566 Posts.
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    01/11/13
    12:34
    Post #: 12518009
    I bet the raising is to do with the 'mandated bank' pulling out. MZI may not be able to get to the rest of the funding until all the funding is committed.

    Think about it, RCF wouldn't want to risk their money until they know it could actually be completed.

    So MZI need to buy time (ie. cap raising).


    P
    MZI Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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