KZL 0.00% 12.0¢ kagara ltd

seaemay,I was the poster who suggested Mungana may be finished...

  1. 2,178 Posts.
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    seaemay,

    I was the poster who suggested Mungana may be finished off soon, my reasons were the newly acquired commercial property in Chillagoe.

    The Mungana facility is still owned by KZL and it will remain that way. This facility forms a significant part of the KZL growth profile, the reason it has not been finished is they were waiting for a sustained recovery in the metals prices before committing the cash, you will find it in the latest report where it says they can bring it online when the situation warrants it. This is one of the things a lot of the negative posters are missing, it will boost zinc production 100,000 + tons, byproducts Copper,+ Gold + silver.
 
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