Unfortunatley, where theres smoke theres usually fire....however, these guys are now essentially debt free and have some very handy operations in Flying Fox and Mt Garnet. Unless there is something fishy going on, they will surely start to become good value?
Unfortunately, their future projects Admiral Bay and Mungana are, in my opinion, second or third tier, maybe people are coming to that view? Still, I think in the 70's they would be good buying?
Process
KZL Price at posting:
79.0¢ Sentiment: LT Buy Disclosure: Not Held