KZL 0.00% 12.0¢ kagara ltd

extension of time, page-8

  1. 1,686 Posts.
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    Well, I was simply referring to what the administrators stated. "strong interest and feedback received from interested parties in the sale/restructuring process of the Group’s assets"....

    Evidence of strong interest in zinc can also be found in LME backorders. Of 1,158,350 headline stocks, 51% is sold and on backorder, so the net available is 595,750. This is the lowest net available in many years. For so much zinc to be on backorder, indicates companies see a big rise in zinc in the immediate future, thus the strong interest in KZL assets, as confirmed by administrators.

    Make what you like of it but they are facts.
 
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