What will OZL look like in 2 years?

While others are arguing about where the share price is DEFINITELY going, I turned to the question: What will OZL look like in 2 years?

I assume OZL will then be a four mine business. Prominent Hill, Carrapeteena, Antas and Pedro Branca. The Antas facility may well be processing Antas North ore by then. My back-of-envelope calculation:

Copper Gold
kt koz

Prominent Hill 110 126
Carrapeteena 65 67
Antas 14 11
Pedro Branca 24 16

Total 213 222

Sorry about the dud formatting.

Essentially, OZL will have doubled it's production and likely its profits, without asking shareholders for a cent. It currently sits on an undemanding P/E of 14.3 which I think can be sustained. The AVB takeover dilutes holders by ~8%.

By then, any two of West Musgrave, Pantera, Centrogold or another will be at FID.

Beautiful.

DYOR

Ash