how long before bhp buys prom hill, page-14

PH needed 1.2 bill capex . mostly done . OZL have a bout that much debt . seeing the thread here . have no idea what PH is worth but with 4 mill tonnes of copper and millions of ounces of gold in reserves and double that plus as resource id say if BHP could get it for 2 bill its a mega bargain . OZL could pay of the entire debt and be sitting on a mountain of cash . oh why did they ever merge with ZFX . oh thats right , to get their hands on the cash . what a massive clusterf&^*. i suppose the options were limited as if they borrowed the lot oxiana would likely not exist today already . catch 22 i spose. if OZL can get through this recent price will seem a bargain


............ the usual