KZL 0.00% 12.0¢ kagara ltd

Interesting tussle between you fellas but none of it matters...

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  1. 1,686 Posts.
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    Interesting tussle between you fellas but none of it matters right now. Geoff was gone the day they entered admin. This announcement just confirms that his 6 month tenure to hand over the rains is complete.

    I can blame him all I like, but at the end of the day I got it wrong. Personally, I think he is a nice honest guy. I never would have thought that after the credit crisis of 2008, that another crisis in Europe lurked just around the corner. It seemed so unEuropean.

    I also could never have imagined an AUD as high as $1.12 or so versus the greenback but it all happened and was too much to bear for our little Kagara.

    Whatever Geoff did or didn't do was fraught with danger.

    I don't think anything in hindsight would have prevented the final outcome. Of which, he is no longer needed for.

    Best case scenario is we sell all assets in WA and QLD and end up with a lot of gold and copper for 12c a share - the exit price. And have faith, because when you didn't have any before then you have gained nothing to lose.

    I'm also not sure about rains, but given it's gay american English, I couldn't care less.
 
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