MZN has been recently trading where it was or slightly below before the Ann about Mt Holland came out, I would expect a small drop on announcement but for most investors this came out of the blue and is not why they invested in MZN but just a bonus, if anything its been a bit of a hindrance for us.
KDR has taken a drop and is trading well under where it was before. In this case I would expect KDR to rise fast and settle at approx 70c initially before rising again. If they get their other tenement problems sorted out and release good ann's then they could quite easily be above $1 quite quickly and not settle at 70c for a while.
For the Case going MZN's way:
KDR would take a further hit and drop to where the market values their Mt Holland gold to be, I would suspect 25-30c??
MZN would re-rate fast and hard, where would we end up, I have no idea, I don't really want to think about that, but would expect a MC above 100 million easily and quickly.
This is just a rough idea of mine.
MZN Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
