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1.6¢ mzi resources ltd

Yep , ring one of those Business Video mobs to chase up an...

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Brenny

31 Posts.

20/05/16

10:56

Post #: 17821853
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Originally posted by rocket973 ↑

Unfortunately plough is 100% correct. MZI management needs to change, I've been saying it so long and nobody bothers to listen until we're down to the penny dreadful stage. Remember MZI had a 50:1 consolidation, so we're in the running with the biggest dog stocks on the ASX.
Too many pigs at the trough, gobbling up what little money they have. Remember the Tiwi Islands? All the profits from that fiasco were sucked up by management with hardly $1 left for anything else.
It might be worth remembering that the MZI previously OLY was once 10 c/ share which equates to $5/share before the 50:1 consolidation. Please don't tell me that MZI management have done a great job. They've only done a great job of sucking the company dry. ie Trevor Mathews junket to London. The London slide show /pleasure trip didn't do much good, did it? Contrary to what some HC posters postulate.

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Yep , ring one of those Business Video mobs to chase up an interview with one of the Directors to see what they have to say about progress and share price eh ? That wold be nice

MZI Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
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