KZL 0.00% 12.0¢ kagara ltd

2 million will be nothing once the zinc price starts rising and...

  1. 1,686 Posts.
    lightbulb Created with Sketch. 2
    2 million will be nothing once the zinc price starts rising and AUD starts to fall. These two events alone will have a significant ability on KZLs bottom line.

    Here's two forecasts for these factors.

    1. USD vs AUD (Now 1.03 or so)



    2. Zinc price forecast by the Economist


    Data source: http://gfs.eiu.com/

    As you can see. There couldn't be better timing now to buy KZL. Economic data from the US has also been timid if not weak but also indicative of a pickup round the corner.
 
watchlist Created with Sketch. Add KZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.