Just did a back of an envelope study on where we are going from here, please remember it's just rough figures......
Lethbridge South sales revenue of 29,000 tonnes of HMC at $1500 a tonne is expected to be +US$40 million.
Working on those figures, it would at todays prices, value the revenue from the Keysbrook resource, Total Measured + Indicated of 1.5 million tonnes at $1,500 a tonne at $2.25 BILLION.
We also have Kilimaraka with 900 million tonnes inferred at $1500 a tonne which is $1.35 BILLION
So with $3.6 billion worth of resource and a Market cap of only $25 million I'm excited...lol...
hope I never put a zero or 2 in the wrong place DYOR
MZI Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held