The Financial Report just published looks reasonably good, specially considering MZI is not producing anything yet.
One "little" detail I am unhappy with is the high number of shares in the books ... almost 3 billion! This can't be good.
I believe that MZI is now set to start moving towards production, with only a few details to stitch.
We now have:
Directors getting paid well and with reasonable company share holdings;
Finance in place;
Zircon and L70 with offtake agreements signed. L88 in negotiation(?);
Construction companies contracted and already moving;
Looking pretty good ....
We now need more frequent annos keeping us informed on progress towards production.
MZI Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
