Inverse head and shoulders. Been held down for over 8 months now. Market cap of $445mm. commodity prices of gold/ silver are at record high, aud/usd is approaching parity which will impact exports but kzl have hedged against this. Future pipeline looks excellent with an effort to expand resources across Mungana, Mt Garnet, Balcooma and Thalanga during the current financial year.
Forget what mcq are saying in their latest analyst report the report is falsified to hold the position down and accumulate at rock bottom. Market cap should be double. Strong buy with 1st target price at 96c.
KZL Price at posting:
66.0¢ Sentiment: Buy Disclosure: Held