KZL 0.00% 12.0¢ kagara ltd

broker watch, page-26

  1. 4,960 Posts.
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    danbradster,

    BSL raised equity at $1.55. The share price eventually fell to 61c before it did another equity raising at 40c.

    I am not sure that there is a high correlation between the institutional share raising price and value of the shares over time.

    KZL does not have much "wriggle" room on the C1 cash cost if metal prices fall before some mines become uneconomic to mine.

    HT1
 
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