KZL 0.00% 12.0¢ kagara ltd

looking to rise, page-6

  1. 5,867 Posts.
    re: looking to rise? The run in the commodities prices came at the perfect time for KZL. It masked what frankly could be described as a disasterous quarter-not just stuff ups with plant reconfiguration but also substantial drop in grades.

    This run gives them the breathing space to sort out the zinc recoveries and get Balcooma going pronto.

    The analysts are now having a closer look at the value (?) in the Mungana deeps and I notice it has received far less prominence this time.

    Mine life issues will come to the for but that is a topic 12 months out IMO.

    Maybe time to start switching to other zinc stories?

    Cheers,TAS
 
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