KZL 0.00% 12.0¢ kagara ltd

>Hoisty,>Read my previous post, I have followed this stock since...

  1. 91 Posts.
    >Hoisty,

    >Read my previous post, I have followed this stock since >the float and have been to every AGM, you seem to lack >any knowledge of KZL or you would know that they already >have a very large stockpile of ore specifically to cover >them for any extreme weather events. Zinc cash cost,s are >now at 40c lb as they are trucking high grade ore from >mungana and it will go sub 40c with the reduction in fuel >cost's

    I agree with most of the points you have made. Yes I have limited "specific" knowledge of KZL. You will have to agree with me if some thing "unforeseen" happens they have got very little ready cash to cover for it. Such unforeseen events are major machinery breakdowns, fires ect. Insurance companies take their time to pay out and often you have to fight them in court to get your money.

    Cheers Hoisty

 
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