News: MDL Eramet Says Offer For Mineral Deposits Limited Declared Unconditional, page-9

Thanks a lot for your insights much appreciated ! Keep an eye on MZI the debt worries would dissipate once it becomes a cash cow. MZI shareholders were extremely lucky because the major shareholder is also the major financier (rcf) and they are extremely patient otherwise i agree this would have gone bankrupt long ago because of excessive debt levels delays in attaining sustainable production and recovery levels and lackluster performance from management. Now we have new management and the comoany seems to finally attain the desired output and recovery rates. Next q3 2018 will be a revelation.

Regarding MDL i can see why shareholders want a better deal. This is easily a 500m$ market cap cash cow mineral sands company. But sometimes you have to accept what others offer you if you dont have a better alternative for expansion and next stage growth plan. Maybe management should have been more prescient and started the growth/expansion plan much earlier ?