MZI 0.00% 1.6¢ mzi resources ltd

trading halt in regards financial arrangements, page-9

  1. 150 Posts.
    The pull back from .021 cents, the non reaction to the RCF funding, the big seller at .16 a week ago....makes me wonder how traders, "good money" investors seem to know what's going on in the background well before us humble investors. Pep you were correct....banks can be fickle.

    The positives...where there is a NEDBANK there are bound to be many others. Glass is still half full if not more. It appears the market for now will give Trevor some latitude. With RCF on board there should not be any lenghty hold ups with finding a new bride. So the delay all year has been trying to appease the rejecting bank. Why couldn't the bank have said "no we are not keen in giving you money" at the start of the year!! Or why didn't MZI give an ultimatum and move on to another bank many months ago!!
 
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