KZL 0.00% 12.0¢ kagara ltd

50 million debt and 68 miill from mine sale, page-22

  1. 2,799 Posts.
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    BB - They haven't exactly said that, they cannot make vague announcements to the public.

    Also what is the gaurantee that ANZ will give them more money to run their company -- absolutely zilch. ANZ is no fool to gve them money, if they feel that they are going bankrupt.

    Those few paragraph's leave way too much to imagination - which I'm sure you'd appreciate.

    Moreover now they have the whole operation on stand still. If the operations are on stand still then how will you get any future income?

    BB - You need to state the facts the way they are, future is great but can they survive today?

 
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