And the sp is only 0.025 cents?
In a months time when mining starts and the cash starts to flow I can not see the sp anywhere near 0.04 cents considering the profits to come from selling 40 thousand tons a year.
In my opinion based on expected revenue from mzi,s mining of 40 thousand tons of zircon a year mzi would have to be one of the most undervalued stocks on the asx.
I guess we will just have to wait and see how much profit will be made after production and admin costs.
40 thousand times $800 =$32,000,000 minus costs if mzi can mine that much per year.
So what should the sp be worth at the moment and in a month or two time and what happened to a market that prices a sp looking forward?
- Forums
- ASX - By Stock
- MZI
- startling zircon shortage in china
startling zircon shortage in china, page-14
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MZI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online