Again the commodities bust is hampering prices and confidence!
But if the Chinese company own 15% which they do and want to go to 19% they only have til August and at a price of 80 cents- good chance it will be there soon!
It is also entitled, subject to Kagara shareholder approval, to increase its equity to 19.9 per cent by subscribing for additional, new shares in the company at 80 cents a share by August 10.
KZL Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held
