I have been in and out of this stock a few times, previously management were a disgrace with a confusing corporate structure with Stirling Resources.
Finally things have changed new management are working hard.
New CEO recruited.
Strategic alliance with Doral for toll treatment.
World class mineral sands project at Keysbrook to start producing next year (10000 tonnes of zircon and 70000 tonnes of leucoxene per year for 8 years) Estimated revenue from Keysbrook is $700 million
And today $10 million in revenue from first shipment of product from tiwi islands and a further 2 more shipments to come
If previous management hadn't performed so poorly the share price would be coming off a much higher base
Share price and chart have outperformed most of the spec end of the market in the last month
An explorer that has turned to producer with low capital outlay
Do your own research the story is compelling
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mzi a star stock for 2012
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