KZL 0.00% 12.0¢ kagara ltd

I was surprised by this report. It sounds like the...

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  1. 276 Posts.
    I was surprised by this report. It sounds like the administrators are open to recapitalising Kagara. The fact that they are allowing low cost exploration works to continue is encouraging. There was also a comment that they are currently considering a number of options for near term cash generation....what ever that means.

    I think KZL would need circa $100-150M capital injection to get back on it feet
 
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