KZL 0.00% 12.0¢ kagara ltd

re: Ann: Maiden 32,000 t Cu Resource for Grif... Well, I can...

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  1. 778 Posts.
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    re: Ann: Maiden 32,000 t Cu Resource for Grif... Well, I can certainly understand your sentiments, Buddy, and there are certainly some aspects of KZL's history which don't reflect well on past management.

    I do believe, though, that Geoff Day will bring a "do it well and do it right" culture to the company, both in the planning and operational sense, and also in its responsibilities to shareholders. The company has some excellent projects, and it just needs good management to get value out of them and regain the market's confidence in its ability to deliver.

    The MUX spin-off was probably not one of the company's best moves, particularly with the intertwining of Kagara's and Mungana's interests and activities, and I wouldn't be at all surprised if Geoff Day will have a look at the possibility of bringing Mungana back in-house at some point in the future.

    Cheers,

    Mike
 
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