Great research Krapcoll well done I invested in mzi for the zircon that they are mining as I can see a large cash balance in the bank accounts of mzi after a year of mining, and I did not expect that there was a lot more to mzi than what I was aware of. Mzi at 0.025 cents ???? Once investors start to find out about mzi I think the sp will be much higher than current sp,I did have a price target of 10 cents within 12 months but im starting to think the sp could go much higher than that. There is not to many companies out there that are in the position that mzi is in, and it is all going to depend what the profit after costs will be, as you know you can never be positive on what the costs will be untill a year of mining as so many companies have gone bust getting it wrong in the past. When confidence in small caps comes back into play companies that have a revenue stream or strong cash balance will be the first to be snaped up by bargin hunters imo.
MZI Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
