Ann: Quarterly Activities Report , page-3

Hi huge,

"options for near term cash generation" - some other posters have said that Greysonline has Kagara assets for sale - that sounds like near term cash generation to me.!!!

The issue for KZL is that there has been no substantial change in the external environment (zinc prices and AUD), so why would recapitalisation help? The fundamentals of the business are broken. Recapitalisation would just be "burnt" like previous capital raisings.

Happy to hear an alternate point of view.

HT1