OXR oxiana limited

thank you all, page-20

  1. 22,691 Posts.
    re: bear this in mind It is quite a job to value OXR. To do it properly, a Mining Analyst needs to go to the source of the projects to get any idea. And some do.

    That is very expensive unless he is the In-house broker and that could have ramifications.

    People will turn to Broker's reports instead.

    If there are some, you can average. You can make a much more simpler "valuation" but it is likely that questions will be asked, and knowing that it is going to be time consuming, it is easier not to post it.

    One also will need to be a skilled person as mining presents many traps. Also, many don't realise the time needed to simply collect the basic statistics, never mind putting it all together.

    Overseas investments have additional qualifications to worry about, ie participation rates by other governments, taxation schemes, legislation on environments, you call it, it is very expensive to put even a rudimentary report together.

    OXR's interest are spread widely over different countries.

    Gerry
 
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