I notice that none of Dans predictions came true, he was too busy telling us how he got it right once a few months back to notice that every other one of his predictions has been wrong.
Not a very good strike rate, the law of averages would say that tossing a coin would be far more reliable, at least that would have got 50% right.
I'm interested in why Pen thinks another delay to Mungana would have meant a fall to hell. Considering the whole idea of floating Mungana was because there was no value being attributed to it by the market. If it had not gone ahead for another month or so then there would be no reason for it to fall, you cant remove value from something that the market says has no value. KZL is undervalued on its current producing assets even without anything allowed for the gold AD Bay and to some extent Lounge Lizard.
KZL Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held