At 14c, the zinc business is valued at 0c. KZL is being valued at some cash less all debt and about half of it's copper business. If they sold AB later in the year that alone would be worth 6c a share if they picked up 40 mill for it.
If you fast forward 2 years, they'll be worth a $1 plus as zinc prices boom and copper recovers - but this 14c stuff might continue for another 6 months until zinc picks up - and pending some more positive news from KZL.
KZL Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
