Hi Guys,I reckon re-rating of KZL is around the corner, upwards...

Hi Guys,

I reckon re-rating of KZL is around the corner, upwards of 1.25, if not $1.50

Just a few thoughts:

1) Base Metals are copper trading upwards of $4/lb, Zinc trading at $1.15/lb & nickel trading close to $11/lb

2) Projects coming along (though more updates would be good) Forrestenia, Admiral Bay, Mungana

3) Mungana continues to do well, now trading at AUD1.12, almost ~20% above float price

4) Large funds finally accumilating KZL, specifically IOOF

5) Credit Suisse wrote a note in early 2010, mentioning that they are very bullish on Zinc -- I think the articles name was "Zinc - is the new Iron Ore?"

Not to forget QE2, and its impact on commodoties, and more recently the M&A announcemnets for other mining companies

So the question is when, not if!! (Provided the world economy doesn't fall apart ofcourse!!)

Thoughts are welcome...

Cheers
Mayo