KZL 0.00% 12.0¢ kagara ltd

"... to acquire approximately A$8 million of hire purchase...

  1. 5,747 Posts.
    lightbulb Created with Sketch. 120
    "... to acquire approximately A$8 million of hire purchase equipment owned by the ANZ..."

    Come on fellas I know KZL management has been Terrible.

    But this is a Well known VA

    They will be working in the best interest of everyone including themselves

    To get an ASX200 company back in business will lift their profile incredibly

    If this is all spin then they can kiss their reputation good-bye.

    If they are able to purchase equipment and use it
    rather than hire it.

    We should be asking what the bloody hell was ANZ doing hiring KZL equipment.

    Maybe one thought is they are doing it to cover up a shonky deal between ANZ and KZL This is not my view.

    If they are above board then we should have an announcement
    very shortly of at least 1 mine opening.

    BB could suggest which one.

    A bounce in the gold price will see MUX shares come back up

    The VA could sell shares as it is needed

    It will be a couple of months at least for the Greek debt crisis to be sorted out.

    It is a pretty terrible time for this process to happen

    MBN was able to raise money
    HST looking able too as well

    I don't see why this can't turn around

    IMOO

 
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