sandfire going ballistic, page-3

I understand your concern Albert. When OZL was in the trading range of 95c - $1.32, copper price was around $1.50 plus. Today it is more likely to be on $3.50 plus. A quick calculation will give you an idea on the profitability of the mine.OZL has also increased its production volume of late and its cash holding is $1.5 billion and over.I do not think the company is anywhere near the company it was before. Last year OZL was coming out of the GFC with all sorts of problems. Today it is a single mine and remain solely focus.Its CEO has also changed and he has invest part of his income reqularly on OZL.The SP is having a breather, it will move on from here.
I am hopeful. IMHO, DYOR