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3.6¢ mosaic brands limited

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Just Magic

495 Posts.

18/03/16

21:02

Post #: 17315631
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Originally posted by The_Earl_of_Loxley ↑

Just reflecting, Rome wasn't built in a day and the lull in newsflow has taken the edge off the share prices. Is it an inflection point to top up or exit before the stock plummets to zero: I believe the former.

Lets not forget that MOZ still has a first rate resource to be exploited and, arguably, the most dynamic exec in the sector in SH. He not only brings a tangible legacy from his time at MNS but arguably the the right skill set mix to repeat the performance.

With the AGM due towards the end of the month, management are perceptive enough to realise that positive newsflow is critical to keep forward momentum alive. Further, in terms of an offtake agreement, it would be fantastic if MOZ can sign up a real blue chip taker rather than just another battery company.

There is a lot on the agenda for the AGM to approve which includes incremental shares as part of the CR plus stock to SH. In this instance, patience might just be the best strategy...

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Well said Earl, let's not forget there is a big prize here. Mns capped at $200 million and my call is by years end Moz / Volt will be the big dog in Tanzania.

MOZ Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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