...I believe I read somewhere that there are long range forecasting Zircon shortages for the next 4-5 years or so ... So Expect the price of Zircon to rise from here.
All good for producers like MZI. At a net profit in the range of $450 / Tonne for the next 6 months at least, we should have a considerable (and growing) cash balance in the MZI bank account shortly... I believe they are predicted to producing approx 40000t over this period..
Sooner or later the market will wake up and and smell the roses... DYOR
MZI Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held