KZL
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0.00% 12.0¢ kagara ltd

jorc for morrisons and queenslander lodes, page-2

  1. Horsetrader1
    4,960 Posts.
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    15/12/11
    06:31
    Post #: 9442039
    Hi BB,

    I think it is the depth of the results that is the concern to investors.

    I am happy to be corrected, but I do not think it is open cut mining type results, rather underground mining results. If that is the case, even at $250m IGV, it may not be economic.

    HT1
    KZL Price at posting: 30.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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