Yes They are ALL winners .... but ONLY IF .. MZI move into...

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gonegassed

13,783 Posts.

03/09/14

15:55

Post #: 13919010
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Originally posted by Peppie ↑

I'll tell you what's stirring, it's the retail investors digust that the shrewd investors that picked up the Stirling stock at 0.06c had an uncanny ability to know that project funding was near. Any uplift in the share price in the short term and these guys will offload.

As for RCF not supporting unprofitable projects. Well, this won't be unprofitable - for them.

Now who do I think comes out on top from today's announcement?

Here are my medal winners.

- Bronze Medal -
GR Engineering.
They can build the plant and earn some good coin, no matter what happens. (Take a look at their share price today - GNG). I am a holder, never thought that MZI would help me though.

- Silver - (just pipped by a nose for Gold)
Doral.
They get an upgrade to their banged up 1980's dry plant for doing very little. Someone at Doral will be winning the Employee of the Year coming up with this beauty, think a nice old bonus from the Japanese owners will follow also. (Maybe this was their plan all along, get on the register, get them to fix the plant).

- Gold -
RCF:
That's a deal and a half for these boys, well, I think it is, only RCF would be able to understand with this sort of complexity. But if a company is on it's knees why not ask for more cheap shares, even free shares, loans, bridging loans, royalties, no early loan paybacks, 4% above Libor rates, it just goes on. Damn good work from the biggest shareholder.

A special mention should go to 4th place and that's MZI's management.

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Yes They are ALL winners .... but ONLY IF .. MZI move into PRODUCTION
otherwise They ALL LOSE and time money is wasted by all players ..

If RCF deal wasn't a serious move towards Production .. RCF would have walked away by now... claiming a Tax Loss on funds Blown in this.

but RCF want 50% ..yes !! and why not give it to them in Lou of Capex ??? we have to give it to someone ..for a Loan guarantee and support ..why not RCF ?

im sure the sp will reach 3c on Project start-up and pending Production .

we will be left with 50% and limited debt if RCF swaps debt for equity in project .

its better than being in LIMBO ..with the project frozen

MZI Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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