KZL 0.00% 12.0¢ kagara ltd

Today's Market update indicates KZL will sign JV agreement with...

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    Today's Market update indicates KZL will sign JV agreement with another mining company to get the funding.(most likely from China)

    Reasons:

    1, KZL seeking for JVP long time--May be this "Partner" now keep eyes on all of KZL's asset.

    "Tier One Admiral Bay zinc-lead-silver-barite project in Western Australia. The Company is currently seeking equity or joint venture partners to underpin an externally funded Bankable Feasibility Study. "

    2, Today's update indicates KZL is selling large part of company's assets, 30-50% IMV.

    "Kagtemporarily suspended mining operations at Balcooma and polymetallic milling operations at Mt Garnet pending an announcement in relation to funding."





 
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Currently unlisted public company.

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