Nice announcement.
With the AUD only buying 0.74c US at present and this exchange rate being the lowest is has been in 6 years, this is an extremely positive announcement. Great timing for the drawdown.
Not a lot to complain about here for MZI. 90% offtakes agreed, cash in hand to finish Keysbrook development, drilling and resource expansion due anytime...
We are shielded somewhat from all the commotion with Greece and China - we've done the hard yards already with key deliverables in the bag (offtakes, financing).
Bring on the JORC Update! Powerful language required in Announcement and this will shoot up.
Cheers,
DM
MZI Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held
