rang management yesterday and that money has been received. Doral loan not repaid yet, probably wait till the last moment, needs to be repaid by 27/9/12. also inquired about the voting at the recent meeting. Decometal are the majority holder for Stirling Resources as well as looking to take control of MZI shares after restructuring, they voted against everything bar the name change.
re current trading, looks a hell of a lot like institutional accumulation at the moment, run the numbers for MZI and 2.8c is a ridiculously low price, amazed that there are even sellers at 2.8c. there is always the possibility that the sellers at 2.8c are actually net buyers, just looking to hold back for as long as possible, imho pressure on SP to rise will increase in the later part of September.
MZI Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held