OZL oz minerals limited

credit where credit is due ozl - 10/10, page-55

  1. 14,217 Posts.
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    slyasian

    about three months ago OZL was forecasting a 31c a share in 2009

    people were expecting 12c a share for '08

    I would say that 90% of people who bought saw that 31c figure and thought "hey this company is going to double its earnings"

    why is it going to do that?

    Prom Hill

    ah ok

    now look what is happening
    we are going to get -5c in '09

    and if prom hill goes

    EVERYBODY including me will head for the exits.

    the question will not be if but when and how to do it without losing too much.
 
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