KZL 0.00% 12.0¢ kagara ltd

breaking down, page-23

  1. RRM
    590 Posts.
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    I have been topping up in the 80s and early 90s. I believe that market sentiment is at its lowest since the capital raising. The share price relative to current commodity prices/profitability and closeness to float and hopefully good feasibility study outcome (they are still calling Admiral Bay a 'world class' asset a few weeks out before study completion?) is at its worst and consistent with Yatchy's observation about return to shareholder, it seems the market is pricing in KZL chucking it free cash flow down an empty drain hole.
 
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Currently unlisted public company.

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