KZL 0.00% 12.0¢ kagara ltd

Hi all.I'm very sorry about your losses on this company. It was...

  1. 5,438 Posts.
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    Hi all.

    I'm very sorry about your losses on this company. It was a combination of bad timing, too much debt and possible managerial error(s).

    If anyone has any qualified knowledge on the operations of the Kagara mill and concentrator in Mount Garnet and the mines that CSD have taken over, it would be much appreciated if you could please add some of your knowledge to the CSD thread.

    CSD is mainly a tin play but it has 10% free carry of ownership of the Mt Garnet operations through its corner stone investor, SPM.

    It is not my intention to open up still bloodied wounds, I personally think it is almost criminal how the share holders of this company were sold short. $40 million for the assets was a joke, but I guess that was the time.

    Anyway, I hope you all recover, and I would love to hear your input. Currently, we are wanting to know the types of returns the Mt Garnet concentrator/mill could potentially offer.

    Cheers,

    Early
 
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