Was looking through the Stirling Res (SRE) Diggers n Dealers presentation from 3 Aug which mentioned MZI ..(SRE Own 58% of MZI) ... Presentation slides shows pictures of production in progress at the Tiwi mine Pg15 and also a pile of what appears to be processed dry Zircon concentrate Pg16.... Not sure when photos were taken but on the face of it it appears production is indeed underway.
Reading further I found info on planned restructure SRE Companies... it states they are ... executing a "Change of management control and culture, Move from entrepreneurial to production focused". Does not mention anything about a merger / takover ...
Also interesting to note that the SRE register is v.tightly held with the top 20 owning 82.5% of SRE
Note: It would be nice if the MZI mgmt would give shareholders an reasonable update on the progress of production and Exploration drilling at one tree point on Tiwi...
When in Sept is the 1st shipment of Zircon concerntrate to be made ??
Come on MGMT fill the void.
pictures appears to show production underway
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