50-60% return on those who invested in Lom's recent rights issue. Still plenty of upside. I am making a signficant profit on my Lom holding. How much profit on Ozl?
Key issues of Ozl: If Ozl cant equity account its shareholding in Sfr (or any other 'strategic' investments), is Ozl nothing more than a passive funds manager?
With the rapidly escalating costs of Prominent Hill and the depletion of the supergene gold ore (not to mention the bloated overheads of Ozl's head office), then Ozl's profits is going to fall dramatically and very quickly.
Carapateena appears to be a financial black hole (per a number of public reports).
Care to comment on the above while we're on the Ozl thread?
OZL Price at posting:
$9.76 Sentiment: Sell Disclosure: Not Held
