OZL 0.00% $26.44 oz minerals limited

should sfr takeover ozl?, page-7

  1. 2,369 Posts.
    the only thing that makes Prominent Hill viable is the gold credits!!!

    With Prominent hill being forced to move underground, costs are going to rise significantly, gold grades are going to fall which will mean FALLING PROFITS for Ozl and the company's shareholders.

    Given the abysmal achievements with its massive exploration budget to date (10 rigs operating at the moment and what have they achieved?).

    Without another SFR,Ozl is in trouble.

    Is there a Ozl shareholder commune at Nimbin? I'm trying to understand Ozl shareholder logic and the company's share price.
 
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