Ann: Investor Presentation - Brisbane 9 February , page-8

re: Ann: Investor Presentation - Brisbane 9 F... jtaylor1

When kzl was in trouble, it sank to the low 30s, cap raising was in the 60s the cost of production always remained below the going rate for commodoties, they made a loss due to provisional pricing liabilites and the need to service the debt, but were actualy still producing cash from mining activities, unfortunately not enough to pay the bills.

They were not making a loss when the share price was in the 80s