You can't really just use the AUD and metal prices as sole metrics to determine lower or higher operational costs. A major part of KZLs operational cost is trucking ore from mines to processing plants, so the oil price will factor in as will maintenance, taxation policies, staff shortages etc etc...
If 2 out of 3 of the main metrics are supportive then KZL script should move up.
The way I see it:
1. Zinc price/inventory - positive, outlook positive 2. Oil price - down from $100 but outlook slightly negative 3. AUD/USD - positive, outlook positive
These guys seem to accurate for some reason on the AUD/USD.