Once they have settled the new company structure in - and moved HO to Adelaide I would like to see a couple of drilling plans emerge - one to build reserves and the other to scout around the area to rate its prospectivity.
Then would like to see a steady (ie predictable) flow of revenue from the mine and know that it is profitable.
That should take a year or so.
If no unpleasant surprises I would like to see OZL diversify from base metals and teaming (or acquiring) someone like ALK makes sense to me - rare earths and gold. That way the OZL may have a well correlated hedge situation with the various income streams.
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i hope it is not ozl!!!, page-23
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