Read a report that said that the mungana gold float should unlock between $200m and $500m in value for KZL as there was currently no value attributed to the gold deposit.
The gold could be processed quickly as the decline is already there at a cost of $90m already paid by KZL and the mungana processor only requires electrical wiring to be completed, KZL did say at the last agm that the mungana processor could be re configured to process gold quite quickly if they made the decision. So all in all this gold deposit could be fast tracked without to much fuss
KZL Price at posting:
26.4¢ Sentiment: Buy Disclosure: Held