They will not be able to raise capital as they did at 31.5 in December---as a matter of fact I would say those investors are entitled to be very pissed ( to say the least) And I see De Bortoli purchasing another 11m if Feb--I reckon the family would not be happy ( unless they were relying on their own judgement)
No sign out there that Zinc is going to do anything soon
Obviously top heavy and I wonder can they change culture to survival mode after the BS in September
KZL Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held