KZL 0.00% 12.0¢ kagara ltd

update out, page-31

  1. 5,227 Posts.
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    Hi BB,
    One of the concerns, IMO, is the cash burn with mines on C&M. There is some income, but, IMO, there are lots of outgoings. Certainly the MUX shares coming out of escrow will help, but until more information is made public, we really are only hypothesising. Also, with Europe having issues with Greece, China slowing and commodities coming off the boil, expectations of getting a good sell price for any mine may need to be tempered.

    HT1
 
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