For those interested, I believe KZL now represents one of the best materials plays in the ASX 300. This year KZL has pretty closely tracked the materials index (XMJ), up until 9 March. There is now a reasonable divergence that is likely to be closed either by XMJ falling back (or IMO more likely) KZL playing catch-up.
$1.20 price target on this basis is reasonable. If I could post graphs I would. Why can't hotcopper make it easy (i.e. click a button) to post graphs?
JT
KZL Price at posting:
84.5¢ Sentiment: Buy Disclosure: Held