OZL 0.00% $26.44 oz minerals limited

buys carrapateena , page-14

  1. 364 Posts.
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    Hi Mx

    Actually reading the fine print the price is $300 million given another $50million has to be paid at first production, but that is still brilliant.

    Also note that the payment is in $US dollars and OZL will use its holding of $US to pay for it so that may satisfy some of the critics of OZL holding $US

    I also like the exploration potential that comes with the known deposit.

    Looks like OZl will be around for a long, long time - Unless BHP now decide to takke them over.
 
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Currently unlisted public company.

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