It's good for MZI's Ilmenite and Zircon production if they have a contract relating to market pricing (which you would bloody hope they have as the pricing for both is low).
Let's hope the price continues to move up, because that may actually help with getting their funding over the line.
(If Base's Kwale project was being put up in this climate, it would have had no chance).
P
Ann: Significant change in MZI Shareholders, page-7
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