I have a lot of confidence in the management, who probably have the lowest cash burn I've seen on the ASX (they refuse director's fees). They have kept such a tight capital structure too for so many years. And they have a lot of skin in the game.
The product is unique, and cost-effective. They got the manufacturer and distributor signed up. They have a lot of other innovative products in the pipeline.
Look at the peers, then look at this 3 million nanocap. You just watch what happens in 2015. There is one last batch of shares at 0.036 before the price jumps to 5c
MGZ Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
