KZL 0.00% 12.0¢ kagara ltd

profit downgrade, page-11

  1. 425 Posts.
    Do some research!!!

    GSJBWere was not involved in the float and have never done any work for KZL. The only broker to underwrite the issue was Southern Cross Equities.

    Their Deposits are not small in nature. Have u heard of Admiral Bay? Potential for the biggest Zinc/Lead mine in the world... Their Nickel tenement in WA also has massive potential for a monsterous ore body. The Red Dome find is not insignificant, if you knew anything about large low grade gold bulk ore mining then you would not be saying this... Their existing reserves give a 10 year+ mine life which increases with almost every drill hole they put down in North QLD.

    The management team is extremely highly regarded within mining circles. The company is one of the lowest cost base metal producers in the western world and hence will be the least effected by rising costs as they will remain profitable long after other producers are going out of business.

    I think you should really do some research before you make sweeping inaccurate statements!
 
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