Add to this, local xrate moving lower will further improve margins and make everyone more comfortable while giving Mgt more leverage with off take agreements and financiers. We now see - strengthening prices - lower xrate - reduced risk and cost of development, and - lower opex thanks to cutthroat mining services environment.
This not only smoothes the way to financial close but should also significantly impact the value of company post debt.
Keep up the good work Trev.
All IMO so DYOR
The Pick
MZI Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
