Yep, low end could be 100m and high end around 180m but talking to potential buyers and having a deal are two different things. Still there is interest clearly, I just wonder how it will play out and if WSA will counter bid. Any potential buyer has to keep this in mind. To bid high enough to rule out a counter bid by WSA. If it's too cheap like 100m, WSA will probably go for it. The funds will be used to fund aggressive exploration targets for the next few years, which are 3 times higher than the industry average.
Nickel prices are actually doing ok and are up about 67% since 2008.
Zinc is also up about 70% from 2008 lows.
KZL Price at posting:
39.0¢ Sentiment: LT Buy Disclosure: Held
