KZL 0.00% 12.0¢ kagara ltd

will test 10c soon?, page-23

  1. 1,140 Posts.
    Finally G-self you are concerned, I have been concerned for a while.

    The statement itself was very ambigious, and I believe there are big problems to a point that there is no cash flow. I am not sure what the refinancing involves, but I am fairly sure, that KZL is stuck

    BB - When there is no cash flow, there is no future, unless one raises funds at rock bottom prices, perhaps the only way out of this mess. So to say that ZInc prices will run up one day --- well will KZL be aournd for that One Day. I called up their office again, and as usual there was no one to speak to. I wanted to know if there is problem with refinancing the whole $40 million, or is it a case of refinancing a few million?
 
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