OZL 0.00% $26.44 oz minerals limited

swan blocks chinese takeover of oz mine, page-78

  1. 47,949 Posts.
    lightbulb Created with Sketch. 2
    AJ

    IMO Swan's decision to place a barrier in the way of the MinMetals offer excites many lines of thought:
    . Is Swan the dill many allege he is or is he really an inspirational example of Aussie manhood in all its glory?
    . What does it indicate re the integrity of OZL's management, the merger documentation & that of its recent auditors - is a corollary that shareholders been mislead into thinking OZL is worthless?
    . Who really stands to benefit from the sale of OZL?
    . Is the consortium of OZL's banks so stupid that they would opt for a fire sale that would take ages to complete & add to risk levels? [recent global experience renders this a no-brainer].
    . Given that since OZL's last reports to shareholders that base metals prices have risen 20% [not the least of which have been zinc & copper] has OZL's bottom line improved?
    . If OZL's bottom line has not improved in recent time why not?
    . Also given the rise in the $Aud-$US hasn't OZL's indebtedness in fact reduced?
    . Who really still thinks Woomera amounts to anything at all or does the Govt. have plans for it in the future?
    . Would OZL be a good company in which to entrust our national security - given their recent public record?
    . To which other mining company would you entrust our national security?
    . In the Year of the Ox would you trust a tiger?.

    4YIO - NFA
 
watchlist Created with Sketch. Add OZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.