hoots,
Good to see them making a paper profit. Would they not have done better had they sold before this? If they start unloading their 19% stake in Sandfire what effect would that have on the share price? unless of course they were able to find a buyer to take that 19% off their hands. In this climate ,I have my doubts. The other thing is it is an unrealised paper profit at this point in time.
I honestly don't know where OZ Minerals is headed if they cannot do something soon with their Carrapateena project.
CDU Price at posting:
$1.67 Sentiment: Buy Disclosure: Held