KZL 0.00% 12.0¢ kagara ltd

options for kzl, page-8

  1. 142 Posts.
    The current Copper price is US$3.73/lb which is a great price and well above the cost of production.

    Strategy
    -forget about everything that isn't Cu
    -sack everyone that isn't involved in Cu production
    -focus 100% on getting Cu out of the ground as efficiently as possible
    -hedge 80% x 2 years of copper production at the going rate

    This would put KZL in a cash flow +ve position and give us some certainty in regards to the forward price to be received.

    Once cash flow +ve we could then cross fingers and hope the Zn price goes up and $AUD down. If our finger crossing works KZL might be able to flog Admiral bay off down the track for a small free carried interest.
 
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