KZL 0.00% 12.0¢ kagara ltd

mux announcement, page-4

  1. 4,960 Posts.
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    BB,
    Whichever way you look at it, KZL seem to be running but not moving. Any FCF from mining operations would IMO, need to be absorbed in exploration just to keep extending mine life so that the ops remain viable with feed. There does not appear to be the resource volume or production to throw off excess FCF so that the company can invest in AB or any other large resource.

    I have to admit, the scenario is not a good one.

    HT1
 
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