OZL 0.00% $26.44 oz minerals limited

price for whole of ozl, page-6

  1. 2,086 Posts.
    "...the offer will come in at close to 2.00 a share..."



    The company is bordering on insolvency, and you're suggesting that a takeover offer might come in at $2.00??

    LOL.

    There's 3.15 billion OZL shares....at $2.00 a share, that would value the company at $6.3 Billion...OZL are having difficulty refinancing $500M, and you're suggesting that someone may come in with a $6B takeover.

    And $6B for what???

    Let's say $2B for PH - absolute extreme!!
    The ZFX assets - who would want them??
    Martabe $300-$400M
    Sepon $500-$600M
    GG $200M

    I would think that if an offer of $1 came in at this point, there would be plenty of acceptances.


 
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