It all makes sense now, for the reason why not much was happening at MZI in regards to offtake agreements, finance deals, construction of the mine and its respective operation and production.
IMO, management could have been holding back on these decisions / announcements (not saying they were) as not to interfere with the negotiations between Stirling and the buyers of over 20% of the company. Any good announcement would increase the share price and put the new deal in danger of not happening at 0.006 cents, thus falling apart before it actually took place.
IMO, even the new buyers of L88 might be one of the new shareholders.
Nevertheless, with this deal out of the way, watch now for the flow of good announcements to put this company back in motion.
Those desperate 0.007 cents sellers will regret selling at this level. Another good chance to accumulate a bit more.
Above comments are my personal observations and opinion. Please, DYOR before making any decision to invest on ANY company.
MZI Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
