Thanks Investoridol, I posted similar questions on here a little while back after being led to believe the grades were considered low.
I notice though, Joe has not answered regarding the grades- or is there more to his answer than what you posted?
Also, noted by this statement below, that development is very likely progressing- rather than being decided by the pre feasibility. I suspected that the sale of Mungana was only decided because AB was a goer.
"Kagara is conducting an independent pre feasibility of the deposit to ascertain the optimum mining and development options."
It's a long way from a development though and we would need to see some hype returning to the markets in order to see KZL build and hold on to positive AB news.
KZL Price at posting:
90.5¢ Sentiment: None Disclosure: Held