KZL 0.00% 12.0¢ kagara ltd

metal price bottomed up, page-4

  1. 336 Posts.
    I hold so I hope.

    That said I doubt the chances of selling those assets.
    I mean. Why would competitors buy those assets with the risk that KZL survives and competes them?

    Wouldn't you wait until KZL is in liquidation and buy those assets in a fire sale and in the same process eliminate a competitor?

    If I was KZL I would try to find financing with those same assets as collaterals. Something like "if in 2-3 years we can't pay you back with interest, you get those assets for 1/2 or 1/4 their values. If ore price go up we pay you back and can develop those assets."

    Does this seem reasonable?
 
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