I would think the va is installed to prevent a creditor pushing For the backrupcy of the company
If they had given up they would kept going along selling off what they could at whatever price probably could have kept going for another 6 to 12 months
The problem is they have no cash
It would take at least weeks to organize a caps raising In which time the SP would have dropped to 6cents
Anyhow that is just my thought on the information at hand
If the real debt has been hidden from us then we really Have been posting on false information
To me The VA is the best result as with the market Dropping over the last couple of days the SP would be Under 10 cents anyhow
If this takes 6 months to sort out the market hopefully would have Turned around and the Zinc and copper price would have Rebounded
Wishful thinking maybe
Imoo
KZL Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held