Thanks for that post rigi.It all adds to the equation of MZI/MZIO. I did a few more numbers overnight and I value it much higher than the present cap. If you look at some of the other mineral sands companies they are trading at higher values. The prices of zircon and rutile have been going through the roof because of Chinese demand. I don't usually buy mining shares but this one looks like a descent investment based on the numbers.
MZI Price at posting:
1.8¢ Sentiment: None Disclosure: Held
