OZL 0.00% $26.44 oz minerals limited

oz minerals in no hurry to spend money, page-10

  1. 141 Posts.
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    Nursery has made an interesting suggestion... to build on it

    - OZL could make paper bid for LYC and use some cash for project development, plus probably get some debt into the project too

    - OZL would then have two world class resource assets in Australia

    - Diversify from a product perspective - this is the one which is interesting - would shareholders want to remain copper focused? Rare Earths have a massive future, and Rare Earths magnets make motors smaller (smaller motors would use less copper - so it would be a kind of hedge in this regard)

    Does anyone know management to suggest they at least look at it?
 
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