Kagara has been a disappointment to me confirmed by the stupid announcement yesterday which appears to say “ thanks ( employees) for putting up with us..we hate closing the mine(s) “ . their interest is evidently in keeping loss making mines operating. As i said at the start of the slide to 17 cents ...KZL directors could have rescued something by going after the Mungana gold resource ..by launching a bid for the remaining 38% ..and using the MUX cash to conduct the bsf They then had a meaningful chance of disposing of the nickel and dime assets (( probably to the majority Chinese shareholder )) . Now no-one could or should take them seriously . I’ve lost $10,000 and I’m not going back. Will someone please bring on section 249 requisition?
KZL Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
