re: movement at the station Subject re: results due soon Posted...

re: movement at the station Subject re: results due soon
Posted 18/12/04 21:31 - 57 reads
Posted by fetuandrangi
Post #462191 - in reply to msg. #462140 - splitview

I dont know , I think the main thing that is holding back KZL is the market doesnt know how they are going to fund the gold mine and processing.

i.e placement /capiatl raising etc .

I believe will should find out next week , but it wont be a placement or more capital raising . and yes it should be well over a 1.10 ,but it isnt

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Geez, I hope you are not the resident expert on KZL here. 'How they are going to fund the gold mine'?
What gold mine?

Even though they are confident that there is potential up there, they are far, far away from even thinking about mining, not to mention raising the funds for it. They have just started drilling 'potential' places of interest, not even started putting resource figures together and you're talking about the market waiting and being nervous about a capital raising.

A friendly piece of advice: I suggest you slow down because your impatience will cost you money.
KZL is fairly priced.