KZL 0.00% 12.0¢ kagara ltd

temporary, page-18

  1. 27,008 Posts.
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    Hi BB, i enjoy your posts and the information they contain.
    With the $68 mill they have received from the mine sale...if ANZ were to refinance..then is that money available for working capital for KZL?
    If ANZ dont refinance...it still leaves them about $18 mill after leases are paid etc...so that should be enough to keep things going, and as you say MUX in 8 weeks becmes available...and sale of other assets if needed...

    Do yu think 11.5 will now hold? or more selling pressure?
 
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