Given the nickel coming on stream and the three production centres operating according to plan and providing metals stay up, KZL should be at least $1.50 and i think + $3 is not out of the question if metals prices continue to rise. Admiral bay, while a long way off is a potential multibagger for the share price. When Mungana comes on stream it could also put a rocket under them, if the stated cost of $350 per ounce is hit and the resource grows larger and gold stays up here, who knows what will happen.
KZL Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
