ok here is something substantial
according to this letter to shareholders KZL has a $50m facility with Westpac DUE IN MARCH. It also has a $100m facility with NAB due in October.
please check it out
http://www.asx.com.au/asxpdf/20081107/pdf/31dgqzjvjbg8hb.pdf
it might worth bearing in mind that this company has equity of only $235 m
the debt due is about 63% of equity
so ok OZL had debt of $1.2bn and equity on $3.4 or 35%
Correct me if I am wrong but KZL is about to experience some serious pain
OZL has been saved by Minmetals. I wonder if anyone will save KZL?
People in glass houses.... hey gself?
- Forums
- ASX - By Stock
- KZL
- new substantial holder
new substantial holder, page-13
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)