KZL 0.00% 12.0¢ kagara ltd

sp and future

  1. 1,548 Posts.
    All I see KZL trading down to low 30s, nothing to do with the management, PFS etc...but more to do with the global economy in particular metal prices and poor quarterly earnings in July, across the board. Basically after a yr since March '09, we've seen a return or increase in quarterly profits. What you will find this July is that with Europe Sovereign Debt, China cutting back to prevent inflation, and coupled with the realisation that companies survived the 2008 GFC, and that prices hikes over the last yr need to plateau or find a range to clearly present itself as the current global market state. The fut. for Zinc does look rosy in '11, '12, KZL just need to wait patiently, conserve their cash reserves and manage their op. costs in light of a stronger recovery - they need to be ready to act quickly when demand picks up. With the no. of Zinc mines coming to an end, KZL will flourish in the next few yrs. Q. now is waiting for the right opportunity to buy at the bottom or lowest price.

    I for one thing this company is well managed and they have diversified their asset base in Nickel and Gold assets in the face of adversity. They will be rewarded overtime, as will you if you time your entry right.
 
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Currently unlisted public company.

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