OZL 0.00% $26.44 oz minerals limited

romania copper privatisation, page-28

  1. 2,369 Posts.
    some relevant points:

    -have you guys noticed that Europe is in full scale economic crisis so it will be extremely hard to sell any copper output in the current economic circumstances
    - EU countries have incredibly strict employment laws making it almost impossible to downsize employment numbers to increase efficiency.
    - Environmental regulation compliance will be incredibly onerous. Note that the company is moving from state ownership to foreign ownership ensuring the local bureaucrats will have a field day enforcing all the relevant legislation. It would realistically take Ozl years to get its relevant approvals approved etc.

 
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