OZL 0.00% $26.44 oz minerals limited

sandfire speculation, page-3

  1. 817 Posts.
    One of the hurdles to Ozl making a full tilt at Sandfire was

    the Korean stake of Posco's.

    The original 19% that OZL grabbed at $3.80 odd ($100 mill.)

    increased on TO speculation and got out of hand rising to

    $7 plus.

    During the PIGS saga they had another opportunity to move

    when the SFR price dropped to $5 odd but showed no

    interest.

    If these rumours are true then now would be an opportune

    time to again look at picking up the lot for around $5 to

    $6 odd.(TO premium built in )

    As OZL have missed out on North Parkes maybe now would be

    the right time to pick up a producing mine to fill in the

    production hole after the end of Prominent Hill and the

    start of Carrapateena.
 
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