KZL 0.00% 12.0¢ kagara ltd

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    Kagara initiates operational review

    October 27, 2008 - 11:04AM

    Base metal miner Kagara Ltd has initiated a review of its operations and expenditure after a deterioration in commodity prices.

    The company said it was conducting a review of capital, operations, development and exploration expenditure to optimise its cash flows and profits.

    Kagara, however, said its copper and zinc operations in North Queensland continue to be cash flow positive at Monday's metal prices.

    The company said the results of the review would be released on Thursday, October 30.
 
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