Every year the KZL share price is hit from the rainy season, on top of this we have only one production centre running. once Thalanga cranks up again after the refit and the nickel revenue hits the bank account there will be a move in the share price. That said, the trouble in the Middle east could derail everything for the world economy.
Re CSE i think its interesting how the market has judged the Chinese move on them, they will lose 70% of the company and the Chinese will be calling the shots, all in all a very bad outcome for CSE holders, i think the directors have only endorsed it to keep there jobs.
If the company was as undervalued as they tell the shareholders why have the directors not been buying on the perceived weakness, as a matter of fact the directors have very very little skin in the game which is a fairly good signal of the confidence they actually have in their company
KZL Price at posting:
74.5¢ Sentiment: Buy Disclosure: Held
