Sorry to hear you got in at such a high price, i can understand why you did as they were roaring along and certainly looked like they would push higher over the coming years. They had all the ducks lined up, then metals started to slowly drop, then followed by the GFC right at the worst possible time for them. The recovery in metals has taken so long and the A$ is so high it has caused them great damage. We need the $ to fall and some pick up in the metals prices. If that does not happen in the next 12 to 18 months then i will not be so positive about them. There is a certain amount of gambling involved in the share market and i am gambling on the A$ to fall somewhat and metals to rise, we do not need much of that to happen to assure a good future.
KZL Price at posting:
16.5¢ Sentiment: None Disclosure: Held
