OZL
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0.00% $26.44 oz minerals limited

firb exetnds 90 days, page-76

  1. Devander
    1,134 Posts.
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    23/03/09
    22:01
    Post #: 4935819
    Billy Gatees, if you think that BHP still do not what RIO, then you obliviously don't know that much.

    RIO has less debt than when they made the offer with sales of some 5 businesses since. The main reason they dropped the bid was mainly due to the rock bottom commodity prices.

    Commodity prices have since rallied, by now means a recovery, but off their bottoms.

    You mean BHP wouldn't like to get their hands on the 30% stake in Escondida and hamersley Iron just to mention a few...?
    OZL Price at posting: $5.90 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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