KZL
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re: Ann: Maiden 32,000 t Cu Resource for Grif... KZL even handed...

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  1. loki01
    10,469 Posts.
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    23/05/11
    17:53
    Post #: 8439382
    re: Ann: Maiden 32,000 t Cu Resource for Grif... KZL even handed out dividends when they had low cash balances. How daft is that? That combined with some operational/weather issues that reduced revenue placed them in a weak position when the GFC hit. The management displayed very poor forward planning in my view.

    loki (ex-kzl holder)
    KZL Price at posting: 59.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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