KZl still producing handsome amount of zinc and copper. so for me KZL is a perfect buy. imaging if they manage get the cost around 50 cents for zinc and copper around 1.50 after restructuring then what will happen to share price?
they need to control on cost and exactly what they are doing at the moment.
after restructuring and firing lots of people from the job will eventually put the balance sheet in much better position.
sorry for the people who will lose the job but they have to make decision in order to bring the cost down otherwise kzl has to shutdown the business.
KZL Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held