100 % ownership of Nachiwea Project indeed a great news for MOZ. With this move, MOZ tenements would be far bigger than the ASX listed Magnis Resources (MNS) tenements. Surface graphite exposures in Chiwata prospect make things even more interesting for MOZ in the time ahead.
Please note, things are being managed by Taylor Collison and Alignment Capital and who are MOZ major the shareholders at the moment. Taylor Collison managed capital raising for MNS and holds MNS shares in significant quantity. If Taylor Collison are involved in MOZ that means it must have seen value in MOZ in the same manner as it did with MNS.
MNS shares are sitting at $0.52 and it is quite likely MOZ follow the same trend as ground EM surveys, air EM surveys and rock chip sampling results are out. For that reason, share accumulation in progress…….and in the time ahead, you may see MOZ with 100 million tag….
Keep watching……
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Mkt cap ! $6.426M | |||
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