KZL put significant profits and cap raises into exploration and potential development of AB, wrong type of deposit and the wrong point in the cycle. Similarly MCT should try to jv or better sell their interest as i can't see the zinc cycle lasting long enough to develop and pay off AB. Can see the difference in appetite for RVR stock by funds as its much closer to production and at much lower capital costs.
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HARANGA RESOURCES LIMITED.
Peter Batten, MD
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