OZL 0.00% $26.44 oz minerals limited

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  1. 122 Posts.
    Lots of support around $6.00 for sure. I mean if you think about it... look at the TONS of debt FMG has and they're trading over $4.50. We have no debt, continuously pay decent dividends, are cash flow positive, and have a really good future.

    So a con is what? A 20 year life span? Ok so at $6.00 a share at a low of $0.30 dividend per share, that is a 5% return each time they pay out a dividend. That's better than you'll get in any bank... and it's better than half the other shares valued at or around $6.00. At the end of 20 years then what? What if they have no mine left? Who cares! I just got 5% per share and now I share in the liquidation of how many billions of "saved" cash and assets - and that's a con? Ha!

    This company is a bargain at $6.00...

 
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