It's no good blaming Admiral Bay or Mungana, the market has attributed no value to admiral bay or mungana, so if neither go ahead it should not effect the share price.
You cant attribute no value to an asset and then mark the company down when it is suddenly not viable to exploit that asset.
What i saw today was a sector wide slaughter, the ABC said RIO was down 5% at one stage so i do not see why people are trying to find a problem with KZL to explain the drop.
Pen, you need to stop whinging and go elsewhere, you have a stock held disclosure and a strong sell yet you hate the COY with a vengeance, that just don't add up.
I think it's time for some intestinal fortitude from holders, or it's time for some to sell up and leave, you don't make money by running every time there is a bump in the road. As i have said before, if you are happy with the assets and you think they are quality assets then you need to sit and wait and stop trying to analyse the share price movements.
KZL Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held
