KZL 0.00% 12.0¢ kagara ltd

BB,Compare the latest long section to the one from say 2010 and...

  1. 276 Posts.
    BB,
    Compare the latest long section to the one from say 2010 and you will see what i mean. It appears from the long section that the resource above 650m RL will be similar to slightly lower tonnes than the former estimate. It is obviously difficult to infer a resource estimate (especially grade) from a simple long section, but i just wanted to make the point that the revised resource announcement may not be the 9/10 announcement you have predicted it will be.
    The sale of Lounge Lizard for a decent price would be a 9/10 or even 10/10 announcement.
 
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