KZL 0.00% 12.0¢ kagara ltd

day puts his mark on kagara

  1. 1,686 Posts.
    lightbulb Created with Sketch. 2
    See: Day puts his mark on Kagara

    To quote:
    Top of that list is securing a partner to fund the $185 million definitive feasibility study for the company-defining Admiral Bay base metals project east of Broome.

    But:
    I'm not so sure Day wants to pedal ahead with this at this time. He said in the quarterly activities reports that Admirial Bay will be a game changer for KZL and require a lot of Kagara resources and management time. In the short-term he sounds more focused on smaller deals with a faster payback period like Monto Minerals. My thoughts are that a partner for admiral bay may not be finalised until Sep/Oct or until Day had done his own independent due diligence.
 
watchlist Created with Sketch. Add KZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.