It is always good to get additional funds when invertors are willing to invest in. Read my previous blog and I had stated that MOZ has been oversubscribed. Right issue time extension was mere a game to prolong ann up to the general meeting and to get resolution 10 ( Director Adrien Wing-allotment of 5million MOZ shares) passed.
Getting back to the main issue, MOZ is catching attention of several investors from China because of its Mozambique 6142 and 6140 mining lease options-very close to SYR and TON.
There is a possibility that MOZ 6142 & 6140 mining lease decision may be decided by the Mozambique gov any time in coming weeks.
Everyone knows SYR graphite deposit which is of very high quality compared to TON. TON might have high tonnage but quality is not all that high. this is reflected in SYR share price that $3.68.
Look MOZ graphite assets are very important and many investors know that MOZ is too cheap.
Keep watching MOZ ann......
It is always good to get additional funds when invertors are...
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