It is always a good idea to do a bit of research before you go...

It is always a good idea to do a bit of research before you go foaming off at the mouth because you are angry at what has unfolded. I hold stock in both companies and like many are not happy on what has gone down over the last few weeks.
The facts are that MZN did peg 850 sq km of ground in Dec 2015 and we all know that WA stands for wait awhile!
MZN's ground is full of Pegs, just like KDR's and the BOD said it should be granted by Jan or Feb, over 12 months when applied for, it does not help that we are only getting $.30 in gst as the Minerals & Energy Dept are overwhelmed and can not hire extra staff to process the claims due to Govt Dept & cutbacks.

The main reason MZN did a JV with as you call it a postage stamp 1km lease is it was granted and it was previously owned by one of the top 20 SH in Kim Robinson and IMHO I believe and I think Management believes holds high grades of lithium, so as not to miss the Lithium Bubble they could strike while the iron was hot and get the drill bit turning while waiting for the other ground to be granted.
If you think that is not a good move by the BOD then I think you are a hard task master.

Cheers BK14