IMHO it is a good deal for MZN, I think it is the 7th largest deposit discovered in Aus open at depth and should give the company a good re-rate in the market.
The old boys know how to bring a Zn project into production so the synergies with Teck should be good and they are the 3rd largest producer of Zn in the world..
The Lithium grades on the Gem prospect and the ground near Bounty will be high IMO and should give the SP another kick along before the CR so hopefully a historic high SP and less dilution so I don't think Argonaut will be topping up.
ST the lithium will be the main SP driver maybe a Disallowed, but LT the Zn will be the company maker and much more than a Disallowed.
I predict good times ahead for all MZN holders
Cheers BK 14
MZN Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
