I've said in previous posts, KZL would not be sinking a shaft...

I've said in previous posts, KZL would not be sinking a shaft for AB and hiving off Mungana assets "if" AB was not a goer- as far as KZL is concerned anyway.

On the small chance that the PFS rules the development of AB out, then you can put your head between your legs and assume the crash position because KZL share price will get absolutely smashed.

AB will be a goer, little doubt about that I think, or else KZL would be slowly preparing the market for the bad news already.

Development will be hugely expensive as expected and I doubt that GFTG and KZL will (or even could) go it alone without another JV partner that may take around a 50% stake of the whole project in return for an equity contribution and some sort of guarantee or underwriting to arrange and secure attractive debt finance- which to my mind, indicates the strong possibility of a large Chinese partner.