KZL 0.00% 12.0¢ kagara ltd

Ann: Investor Presentation - Brisbane 9 February , page-21

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  1. 2,178 Posts.
    lightbulb Created with Sketch. 27
    re: Ann: Investor Presentation - Brisbane 9 F... My answer to you was that they have been spending money on necessary things and they have plenty of dosh, no corporate debt and they have started drilling, all of this could be stopped to conserve cash if they wanted, or needed. Don't forget they also bought and paid for some new mining ground as well.

    They have to continue to spend money on infrastructure and drilling or we will go backwards.

    I think talking about cap raising's is an unnecessary worry.
 
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