KZL 0.00% 12.0¢ kagara ltd

afr article -23 april, page-11

  1. 5,747 Posts.
    lightbulb Created with Sketch. 120
    Just plucking a figure out nof the air Jackie

    Some facts

    Since the half yearly we have had the completed sale of Lounge Lizard bfor $68 million

    We have had the temporary closer of Baal Gammon due to lack of cash on hand.
    Obviously caused because of the the LL asset was the
    guarantee for their working capital.

    Now the debt would have been restuctured with the Admiral bay asset as the guarantee.

    We have also had the dodgy water sample from Baal Gammon.

    The trading halt comes a day before the Quarterly giving everyone a chance to have a look at there refinancing

    and again you bring back your 7 cents
    a couple of weeks ago you even posted 5 cents

    I won't guess a figure but I am sure it will be north of the current position

    I don't mind talking a stock down but you need some facts








 
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