KZL 0.00% 12.0¢ kagara ltd

I was on the analyst call this morning, and the analysts were...

  1. 1,140 Posts.


    I was on the analyst call this morning, and the analysts were pretty comfortable with KZL's plans, no questions of cash flow. Moreover the management was pretty pleased with the drilling and the results. The Goldman Sachs analyst and Wilson HTM analyst also asked questions in relation to the exploration, and their exact plan on preserving capital

    I have a feeling that they have updated their spreadsheets and come up with a rating, which reflects in that big order at 28cents... clearing the whole 28cents and leaving a chunky 447508 on the buy side...

    I get a gut feel that the market has already factored in all this bad news, and i can see Northcape Capital increasing its stake -- very opportunistic

    anyway hope for the best -- may zinc prices rise in 2012

    Cheers
    Mayo
 
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