Not sure how I feel about this news. MZN are in danger of selling the golden goose, much like KDR almost did with Earl Grey! I suppose at least MZN still have a vested interest through owning 10m+ PAC shares, so they will get a share of the spoils (if there are any) without the capital investment required to go it alone, so in the whole I think it's good news for shareholders. MZN has plenty to be getting on with, and they have some cash to do it with now, without having to tap the market again.
MZN Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held