OZL certainly seems to be saying that Copper / Gold is the area where it wants to be.
That statement has been called loud and clear from all the actions OZL has done. Look at the following:-
Bought Carrapateena (Copper / Gold)
19.8% stake in SFR (Copper / Gold)
Ankata development (Copper / Gold)
IMX joint venture (copper / Gold BUT excludes I Ore)
Beadell Resources agreement (Copper / Gold / Nickel)
It would appear that they want to "stick to their knitting", keep focussed on what they know and not get side tracked into other resources. While this may make for a "dull" company (not many announcements, not much corporate activity and so not much to discuss on HC), what it does translate into is a company that if you invest in, you know it's direction and will not get "side whacked" by any "out of left field" behaviour.
HT1
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