Yatchy, When kzl were $7.80 they were printing money, they still...

Yatchy,

When kzl were $7.80 they were printing money, they still had admiral bay they had mungana they had lounge lizard, none of which are in production as we speak, Ad bay will be probably 3 or 4 years away lounge has only just started and mungana will be at least 12 months away.

I just think its crazy when some other posters make these statements like the boom has not gone it is going to get bigger than before when so many things can go wrong.
Anyone who thinks the boom will definitely come back may be disappointed, if growth continues as it was then, $300 + per barrel of oil may just put a dampener on things.

I'm not saying it will or wont happen, just that to assume it is a given could be very dangerous, also Admiral bay is no more a reality now than it was then, it will be a reality when it is running and cash flow pos.

I am and always have been a big KZL fan but i try to stay grounded and keep my expectations within reason, otherwise it can be very costly. i trust the guys running it but that does not mean things cant go wrong. look at Apex, Ive done 100 grand on them and I'm cautious yet i still got caught