MZI 0.00% 1.6¢ mzi resources ltd

I was confused by the statement:"Neither the Company nor...

  1. 243 Posts.
    I was confused by the statement:

    "Neither the Company nor Resource Capital Fund VI L.P. (RCF)
    announcing that RCF will not proceed with its “larger funding package”
    as announced on or about 01 July 2013;"

    Whats does that mean??

    If RCF are going to fund a larger chunk of the capital for Keysbrook how cheap will they get it for? Looks like they dont want to pay much at all.

    i guess our lesson is if they can get the heads cheap then so can we. No doubt if they want to pick up say $20m at 1.5c the market will value MZI down accordinly.

    I just wish i had my money in the heads rather then the options.
 
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Currently unlisted public company.

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