MZN 0.00% 8.0¢ marindi metals limited

MZN sale of Bellary Dome, page-60

  1. 9,235 Posts.
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    sensible post !

    MZN has been frustrating with so many false start - similar to KAI (and perhaps every other conglomerate play IMO)... unless the current improves there, the sp of conglomerate plays are not shooting higher any time soon IMO...

    Li too on the other hand is not too flash... most Li stocks in a long correction from their highs of early 2018... but if MZN were to prove up similar results to KDR, then it is a different story as our Mc of $21m gives a nice launching pad and as per experience, the new exploring companies attract the highest premiums... so even though Li is not the flavour of the season, any new development should definitely bring a small rerate... I think $30-35m MC is easily achievable here with some progress on the Li project... 2c sp...

    fingers crossed...
 
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