KZL kagara ltd
Add to My Watchlist 0.00% ! 12.0¢

metal price bottomed up

  1. sydney6791
    6,353 Posts.
    lightbulb Created with Sketch. 502
    clock Created with Sketch.
    08/09/12
    12:54
    Post #: 10690425
    Copper price recovered to nearly USD$8000/t or $3.55/lb, KZL should reopen its copper production as its cost is $1.95/lb.

    Zinc and lead price recover well also, especially for lead, currently trade at 94c/lb, 87c/lb for zinc.

    Technically, metal price remains in bottom up trend, if Zinc price can be increased to $1+/lb, KZL's asset should be close to book value.
    KZL Price at posting: 12.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Stay ahead - view the latest ASX market news
right-arrow Created with Sketch.
NEWS Vulcan signs first major Phase One contract with NESI
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 023 – Glowing gold, shining silver, and... wheat collusion?
right-arrow Created with Sketch.
NEWS Arrowsmith North Silica Sand Project granted works approval
right-arrow Created with Sketch.
AGC Strong near-surface gold results strengthen Achilles fundamentals for AGC
right-arrow Created with Sketch.
NEWS Rubix advances proposed acquisition of prospective Bauxite Projects in Africa
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.