KZL 0.00% 12.0¢ kagara ltd

waiting, page-25

  1. 708 Posts.
    re: re:forming a base Interesting stuff, sellers are there to take profits but willing buyers seem to come in all the time, without showing themselves on the market depth. Between 1.15 and 1.25 is huge restistance because this is the place KZL was halted on the last bull run. A lot of willing sellers here. After that is blue sky because everyone in is sitting on paper profits.

    Zinc price now approaching US$0.60 per pound and with KZL unhedged & costs expected to fall toward US$0.20c per pound next quarter - that's some serious cash operating margins.

    Zinc, how much is ZFX expected to make this year in net profit do you know?, thanks J.
 
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