KZR 8.82% 7.4¢ kalamazoo resources limited

Ann: Kalamazoo enters Pilbara Exploration JV with SQM, page-14

  1. 1,613 Posts.
    lightbulb Created with Sketch. 202
    Hi Caromb15,

    I am happy to hold as well, but am not sure why everyone is talking about being "distracted" by lithium. Lithium is the hottest commodity on the planet right now and for at least the next decade. Sure gold is valuable and the 2m oz we nearly have at Ashburton is great, but I believe we may already have our "Fosterville" at Doms Hill, Marble Bar and Pear Creak (maybe we will keep a majority of that one, but I doubt it). The lithium miners, and I can name many, are the ones who have appreciated their shareprice the most in the past 12 months and Kalamazoo could have been the same and used that rise to minimise future dilution.

    The shareprice depreciated significantly over the last 12months because of gold. Lithium bounty should have been the remedy. Will eventually, but not to any degree it could have. They do say they are looking for more, so hopefully they can maintain a larger holding in any future discovery.

    Had my say now. Good luck to all. The future still is bright for Kalamazoo.
 
watchlist Created with Sketch. Add KZR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.