Details KZL's reporting date as the 24th of August, which is six weeks later than I expected. This might explain part of the selling too or lack of buying. May/June are normally months when investors sell off. Nevertheless, I bought some more at 54c today.
However (and depending how July goes), it could be another 4 weeks before we see some price action north again. August should be a good month for commodity demand as China restocks metal for Christmas production and Japan ramps up construction efforts. with KZL's half year report, it could be the perfect storm to drive prices North.
KZL Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
