KZL 0.00% 12.0¢ kagara ltd

re: Ann: Global Investment Roadshow PP New Yo... Yep, Kim is to...

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  1. 2,178 Posts.
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    re: Ann: Global Investment Roadshow PP New Yo... Yep, Kim is to blame for the GFC? he is also to blame for borrowing money to grow the company pre GFC, yet i bet you were not complaining then.

    Here we have a poster that has a sell reccomendation and has a very dim view yet continues to hold, What the.

    I continue to buy and will continue to buy, i stand by my view and we will see who is right in twelve months. if the world economy goes kaput, then that is out of all of our hands, if the saudi king is overthrown and the world oil supply is cut, that is out of our hands and all stocks will be smashed. If the world holds together then kzl will do ok.

    you continue to hold a stock that you seem to be implying is going to the grave, if you really believe that then you should be selling as it does not make sense to hold when you have this view.

    Yeah, lets just blame management for all these events that were out of everyone's control.

    KZL have no debt are generating cash, they are in a far better state than when they did a raising at 60c during the gfc, they have a $20m plus revenue stream from the nickel alone not to mention Thalanga coming back online, also Mt Garnet is still cranking out 20,000 tons of copper with a healthy margin, and they are profitable on the zinc as well, there is no logical reason why they have been punished more than some other miners.

    Unlike you i have put my money where my mouth is and continue to buy, you continue to hold and are telling everyone to sell???

    You have sour grapes because you have lost money, that's life my friend.

    If someone crashes into your car does that make you a bad driver? i think not. when a company is hit by events out of its control then they are not bad directors. As a matter of fact if it were not for our good management team KZL may have gone bust during the gfc. OZL lost everything except one mine, they were lucky it had such a low cash cost and they had cash left over after selling the crown jewels.

    You hope management wake up and do something about their projects, do you have any ideas? maybe they could have got Thalanga finished if they could have stopped the rain sooner, they could get Admiral bay moving if they accept an offer that is not in our best interests just to speed it up, maybe they could have told western ares to hurry up the lounge lizard project, that's right boys just go past your own ore and get straight to ours, we have an angry shareholder who wants action.

 
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