MZI 0.00% 1.6¢ mzi resources ltd

Thanks Peppie for all your insights.Lets hope petlas's faux pas...

  1. 243 Posts.
    Thanks Peppie for all your insights.

    Lets hope petlas's faux pas wasn't a harbinger of MZI's future. I guess it has done well to highlight the real risk investors take in this type of project despite the hype.

    I wonder if they wouldn't have been better off advancing their Tiwi Island resource and sticking with the plant already up there. From that position they could advance keybrook from their own cashflow.

    Seems strange to me that these projects would go so far down the road without securing an off take arrangement at an earlier juncture.
 
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