KZL 0.00% 12.0¢ kagara ltd

Ladies and gentleman....the market hates the quarterly update....

  1. 1,140 Posts.

    Ladies and gentleman....the market hates the quarterly update. More so I'd say it hates the financials.

    Positives
    The exploration is coming out alright. some very nice grades across the exploration

    Northcape Capital, lifted its stake from 27 Million to 33 Million - Pretty much all of Kim Robinson's shares

    Negatives
    The sale of Lizard lounge & movement on Admiral bay -- too vague of an update its been going on like this for too long

    Costs are too high, any further hit on commodoties will dent a big hole in KZl's cash flow


 
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