Ann: Investor Presentation - Brisbane 9 February , page-7

re: Ann: Investor Presentation - Brisbane 9 F... For me one of the curious pieces of information that has gone largely unreported on this thread is that KZL returned to profit in the Dec quarter. One month later the price is at levels equal to when the company was losing money and was carrying a debt burden that was causing concern (6 months prior). Distilling this information from the recent share price movement this says to me: KZL @ these prices is a screaming buy.

Remember price is what you pay, value is what you receive.

Would you rather pay 84 cents when the company is making a loss and carrying debt, or pay 84 cents with no debt and turning a profit? Of course there has been dilution and that shouldn't be overly discounted, but at these prices, for me, this currently represents one of the best opportunities of the mid-teir miners.

Cheers,

JT