I could not see any clear feasability forecast in the prospectus and the mining tenenments have a lot of expiries due or being renegotiated. They flag this as a risk in the prospectus. One would assume they are confident of obtaining renewals for these tenements otherwise they have nothing.
The plus for the listing is that the gold price is kicking at the moment which should help the listing.
KZL Price at posting:
70.0¢ Sentiment: None Disclosure: Held
