OZL oz minerals limited

announcement, page-73

  1. 574 Posts.
    Whilst I am out completely at the moment this proposal changes things significantly and I for one will be waiting on the sidelines, waiting to swoop a-la Craig Bradley of the 80s with a sneaky handball if it comes to pass that all of the Zinc related assets are going to be flogged.

    If it comes to pass - and nothing would surprise me with this mob - being a pure gold/copper play portends well for the future rather than having overweight zinc positions.

    Sack the board, sack the CEO and let some cashflow come in -still think they'll need bridging whatever happens but at least it looks like there'll be no administration assuming the syndicate rolls.

    Does anyone know the value ascribed to Sepon - what chances OH and his new vehicle will have had a look at this? He built it, knows it inside out and something i hadn't considered.

    Might buy a few on the relist and see what happens.

    Good luck

    t
 
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