Peppie, I have a chart on my desktop that is the same thing but a different picture. I reckon the pullback while going into production is much steeper than yours.
I considered this when looking at MZI. The thing with MZI is they are ALREADY in production. Even though it's a small mine life production, it's creating a lot of revenue over the next few months which IMO the market won't/can't ignore. Nothing moves stocks up like money going into the coffers, especially that kind of money ($40m).
So I plan to hold MZI until that last payment is in, in September, then watch it like a hawk to see if it starts to slide as we go into getting Keysbrook up and running. The thing is though, with the current revenue from LB, there's a good chance this will not return to current levels before Keysbrook is online.
I totally agree with what you're saying.
WTR Price at posting:
23.0¢ Sentiment: None Disclosure: Not Held