that was the bounce now down 68 cents, page-15

>if the rights issue comes off.


KZL will be all cshed up after this.

The Institutional Entitlement Offer raised gross proceeds of approximately A$91 million at
A$0.60 per share and received strong support from institutional shareholders.
The balance of the Offer will comprise the retail component of the Entitlement Offer (“Retail
Entitlement Offer”), which will be undertaken on the same 1 for 1 basis and at the same
price as the Institutional Entitlement Offer, to raise up to a maximum of approximately A$86
million. The Retail Entitlement Offer which is underwritten to approximately A$37 million
will open on Tuesday 16 June, 2009 and will close on Friday 3 July, 2009.



Therefore they already have 91 mill in the bank and another minimum of 37 mill which is underwritten.

That totals 128 mill and this is the minimum amount that they will recieve.

So where you say (if the rights issue comes off)?? Well it just doesn't fit does it?

It's already alot of money for them. The only thing that is left open to speculation is how much more will they get.