the cash converter, page-8

Hi Drillfix, i think the next step MZM will take is to get some cash from its magnanese. As you have read that magazine , the price of maganese is around $300 - $400 per ton . If MZM can get around 500K ton from its 20% explored terrain so far and with a 2.5km strike length, we will get say:
$200 X 500K ton = $10M (cost included). Cost of processing magnanese is cheap, unlike gold.
You probably get a rough idea how much the share will spike when this happen.

Now regarding Mt padbury, nic123 is right. There are good potential in that area too but i think its a secondary target for MZM. I just hope the peak hill drilling will get some good grade. If we get something decent, we will see his flying but problem is i personally think MZM should have drill the pit with the highest resource (main), not jubilee. Jubilee has the lowest resource but it was drilled first.... perhaps a strategy or a bad move? Anyway, i say this MZM will have a some way to go. Perhaps another 6 months to 1 year to see some price flying. In th emean time, majority mining shares are taking a hit so stay put there.