re: Ann: 2012 half year financial results ann... Spot on pilatus
I am an ex holder and had been contemplating re entering but the biggest issue is the growth profile of this company. Yes prominent hill is a great asset but OZL is a resource company and without a potential supply of resources the future is not great. The cash is a safety net especially if there are projects to keep developing. Also that war chest is shrinkink albeit for ST capex issues. Furthermore no shareholder reward in terms of dividend. So without growth prospects better off having money in stocks that do. My question is with OZL have no diversity or exceptional growth prospects and with div the same as the blue chip miners, at this moment of uncertainty from a F/a point of view where would you have your money? Bhp,rio, ncm, rsg OR ozl?
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- Ann: 2012 half year financial results announcemen
Ann: 2012 half year financial results announcemen, page-49
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