half year report, page-10

re: half year report whetu/zinc LoL balltearer, that cracks me up always.

Z, if we get a 150-200k ounces pa gold operation (which they are aiming for) with a base metal circuit for the zinc/lead, your're looking at approx $150M. Expensive stuff yes, so they need to issue stock and raise debt. No way can they self-fund it unless they want to wait 3 years or so until they get enough cash in the kitty. Commodities are flying, they are in a rush and debt is cheap.

Equity raisings suck but look at it this way. What is OXR producing per annum 250K ounces of gold? KZL will be up there plus the zinc operation that they already have. Big company KZL, big.