KZL 0.00% 12.0¢ kagara ltd

plan b, page-4

  1. 1,686 Posts.
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    Exactly HT. With smaller mines and ops you lose economy of scale and if you don't have the cash to complete projects that lower C1 costs further, your stuck. I know that Kagara have spent a lot on West 45 and have advanced the decline +341m with 90m to go but at this point they'd be better off consolidating assets further with zinc below $1 and flogging them off to focus on accelerating the copper business and eliminating capital constraints.
 
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