KZL 0.00% 12.0¢ kagara ltd

malay,You obviously are new to kzl, they make the majority of...

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    malay,

    You obviously are new to kzl, they make the majority of their revenue from copper and have done for quite some time.

    They will benefit from any rise in copper price as they are highly leveraged to copper, they are also benefiting from the proposed float of the gold assets which is also beginning to unlock value for them.

    I am not convinced that the recent rise in copper price can be sustained, all we need is some rising stock and more bad news from the US, Japan etc and it could all unravel, the one hope is that metals rise as a hedge against inflation,then it wont matter as much if stock piles rise.
 
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