MZI 0.00% 1.6¢ mzi resources ltd

mzi secures offtake for keysbrook, page-36

  1. 7,223 Posts.
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    petlas, hopefully a few big investors go to this presentation and decide to buy and break the back of a possible shark circling MZI at the moment.

    all ords up 81 points today and DuPont to buy 30% of our product yet SP somehow drops a pip. someone worked hard today to keep this in check.
    we know no large shareholders are selling, there has been no becoming a substantial shareholder notices received so in my opinion only, the majority of sales are from 1 entity buying and selling to themselves, imho it is only a matter of time before they swoop.

    just a quick look at recent history, on 28/2/13 MZI closed at 2.2c, all ords closed at 5120.40

    today closed at 2c and all ords 5084.20
    SP dropped 9.09% while all ords has dropped 0.7%, a clear difference there.

    but in that time MZI have announced

    Keysbrook resouce increased by 60%
    landowner agreements completed
    port agreement all but completed
    processing agreement completed with Doral
    30% of Keysbrook product to be taken by mega player DuPont
    no dilution of share base

    with what has been achieved since 28/2/13, we have still underperformed the market by 8.39% with no real sellers evident.

    imho it is a matter of holding and seeing what takeover price is announced, i really dont think MZI will get to mine Keysbrook!
 
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