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KZL - Kagara Limited

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Re: KZL - Kagara Zinc

KZL has taken a bashing today, I went long on them yesterday and some more today.porkpie
 
Re: KZL - Kagara Zinc

I reversed position to a short first thing as they fell and took back some profits.
 
Re: KZL - Kagara Zinc

I thought about shorting KZL but don't like to short strong stocks, they finished off the days low and i'm holding overnight, porkpie
 
Re: KZL - Kagara Zinc

Kagara snares WA nickel mining lease
Barry FitzGerald
November 20, 2006

BOOMING zinc and copper producer Kagara has sneaked under the guard of Western Australia's growth-hungry nickel producers to secure ownership of a hot piece of nickel real estate.

Kagara is to pay Canada's LionOre Mining $25 million for rights to the mining lease, which covers expected extensions to the nickel ore bodies that underpin Western Areas NL's new Flying Fox project, an initial producer of 8000 tonnes of nickel a year.

Kagara said that the acquisition was a "logical diversification into potentially low-cost, low-risk and high-grade nickel sulphide production".

rest is at: http://www.theage.com.au/news/busin...el-mining-lease/2006/11/19/1163871272571.html
 
Re: KZL - Kagara Zinc

Havn't read the nitty gritty of this deal yet - but sounds good on the surface.
Rederob: Interesting that the market seems to have reacted negatively to this news?? Down 19c since todays open.... or is that just a continuing factor of latest Zn/Cu prices.
 
Re: KZL - Kagara Zinc


its due to the zinc/copper prices, you'll notice ZFX, CBH, TZN are down as well.

Prime buying opportunity
 
Re: KZL - Kagara Zinc

Looks like we can expect dividends soon from KZL - not surprising, but nice to get some confirmation from the horses mouth:

"With the strong cash flows (etc) ... ...your directors are currently looking at implementing a dividend policy. Shareholders should expect and announcement with regard to this in the near future."
 
Re: KZL - Kagara Zinc


Yeh agree im not suprised and have been expecting around 10c/share this year but its nice to get confirmation as you say.

This announcement is very bullish, i like especially from the last paragraph of the first page onwards.

This company is a winner.
 
Re: KZL - Kagara Zinc

i got in a few days ago at 6.95...
at the moment, its 50 cents short of the all time high...

picked this over zfx for no real reason, but its my only zinc play now...
 
Re: KZL - Kagara Zinc

Rafa said:
i got in a few days ago at 6.95...
at the moment, its 50 cents short of the all time high...

picked this over zfx for no real reason, but its my only zinc play now...
Click to expand...

i think ill go for ZFX this time.
Just coz i havent rode it in a while...
 
Re: KZL - Kagara Zinc

waiting for ZFX to clear its all time high from a few weeks back before going in.
but then, i guess you could apply the same logic to KZL...

in the end, they all track the POZ!
 
Re: KZL - Kagara Zinc

nizar said:
i think ill go for ZFX this time.
Just coz i havent rode it in a while...
Click to expand...

I ALWAYS GO FOR BOTH...EVEN THE ODDS.....EASY MONEY!!!....
....ZINC UP AGAIN TONITE.....EASY MONDAY MONEY......
 
Re: KZL - Kagara Zinc

Is there any reason why KZL has appeared dead in the water over the last couple of weeks?
 
Re: KZL - Kagara Zinc

Sounds so similar to a mate of mine who trades, and believes the same thing.....ie when he buys, the stock retreats. Spooky.
Moneybags said:
Yep.......I bought some.

MB
Click to expand...
 
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