Losty, I am not normally into sp guessing, and any predictions I do are based on assumptions.
If, in 2012, OZL can produce 200,000tpa (and maintain that throughput) of Copper (ie find another P Hill and bring it to production quickly), costs remain at 75usc/lb and copper increases slowly to 3.61us/lb to 2018, then the npv of the sp is approx $3.78. (The sp is very sensitive to the copper price and if you alter the copper price assumption, a very different result comes out)
Marsup, He was the MD of Minotour Resources? I am not a geologist, but from what I have read, the prospectivity of the area is high. Who knows there may even be Uraniun there as well. That would be icing on the cake (but now I am into speculation)
HT1
OZL Price at posting:
$11.55 Sentiment: LT Buy Disclosure: Held
