Ann: Operational Update, page-3

Indeed, as I expected, the fate of MZI will be decided by RCF, I dont think MZI could find new financiers especially at its current high level of debt and poor market conditions.

I am still optimistic RCF will help us given how far we have come in terms of operational imorovements (higher production rates, lower costs per tonne, higher received prices par tonne), probably next Q1 quarter 2019 we will start to become cash flow positive from a pure operational level, and then if we get funding for the upgrades we become a prrofitable company by H2 2019. I am still optimistic management and RCF could work together and pull this off. Good luck to all.