MZI 0.00% 1.6¢ mzi resources ltd

startling zircon shortage in china, page-14

  1. 10,484 Posts.
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    And the sp is only 0.025 cents?
    In a months time when mining starts and the cash starts to flow I can not see the sp anywhere near 0.04 cents considering the profits to come from selling 40 thousand tons a year.
    In my opinion based on expected revenue from mzi,s mining of 40 thousand tons of zircon a year mzi would have to be one of the most undervalued stocks on the asx.
    I guess we will just have to wait and see how much profit will be made after production and admin costs.
    40 thousand times $800 =$32,000,000 minus costs if mzi can mine that much per year.
    So what should the sp be worth at the moment and in a month or two time and what happened to a market that prices a sp looking forward?
 
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