may not need to sell assets

there was a report in the AFR (see thread, ozl start spreading the news) about funding being available for companies by the govt thru banks, because of the drought.

We must remember that ozl only needed to sell assets because a few foreign banks will not roll over the loans, and in fact want to be repaid.
With other banks not having the capacity to lend the extra needed OZL is forced to raise capital by selling assets.

Now just maybe the Govt help will come in time, and if OZL can secure extra funding, may be able to refinance all the loans needed and not need to sell (although I think selling Martabe may be the only thing that will be sold)

With cashflows improving, and with PH on line soon, I think OZL will turn the corner and not need to sell any of PH!

That will give us by June plenty of cashflow, and income, and with all the infrastructure happening globally we will see base metals rise, thus the leaner meaner OZL company will be in the black again and we have all learnt valuable lessons

Just some early Sunday morning thoughts .