we are not getting too excited at all .. we should be more excited ..
MZI is a producer SOOON .. with full offtakes in place to guarantee Sales Income.
MZI is Dirt Cheep .. its mcap at 35c is $22m ...with estimates Net Earnings of $44m in 2016
for 8 to 18 years ..
all Debt can be repaid over 5 years at $25m p y ..leaving $20m cash Eps in first year...and growing as debt is paid down.
or thru a CR at $1 or $2 ( when in full production) to save the Interest expense etc and to boost Dividends as Debt is extinguished.