KZL 0.00% 12.0¢ kagara ltd

Hi mayo1975,"I'd suggest you try to stop ramping thisd stock...

  1. 3,646 Posts.
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    Hi mayo1975,

    "I'd suggest you try to stop ramping thisd stock when you pretty well don't know what is realy going to happen on Monday."

    Yes I donot know "what is realy going to happen on Monday".

    you know? anyone else knows? downrampers know ?

    KZL is selling more assets atm, seeking funding agreement atm, everyone knows, company announced, interviewed.

    You mean "I cannot say If KZL solve the debt issue, SP can get 15c+ support" I just always donot have enough time to give you guys details of my anylysis.

    1, KZL has been seeking JV Partner long time.

    2,KZL already sold some assets--Nickel asset for $68m. and still selling more--gold assets.

    3,KZL mentioned "funding" but never use "raise"

    4,Production is temporarily halt pending the "funding" agreement. Indicates the mining projects may change ownership----JV or takeover.

    My view is IF KZL solves the debt issue, and keep selling more assets, SP can get 15c+ support is based on above logic.

    Debt/restructure is the major issue that caused KZL's SP slashed from 30c+ to 10c, 60% gone! If this issue solved, SP will bounce back--this is simple logic.

    I am using "IF", but based on my experience and logic,

    Other downrapmers donot use "IF",just pure rumours. Are you happy and trust them helping you get some bargains?




 
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