So much positive in this anouncement makes me wonder why market moral is so low for this stock. Down down down on no news at all?
We traded our little patch for 10% of the third largest force in the Pilbara + all other pacton plays around the world "follow the smart money"
We are drilling targets right next to proven KDR grounds
We still have Newman
Jomec JV
Cashed up for next qtr
I think management needs a plan to calm the waters a little & stop the loss in confidence and value.
The only thing that comes to mind is " If You Want To Buy... Stack The Sell" maybe thats what is happening here?
AIMHO
MZN Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held