Yes with the considerable interest in our assets and copper prices rightfully rising fast it is nice to see but no sale and no refi yet and no veuve though I do have a vintage bottle on ice.
When the sale and refi is done, PH is CF generating, cash is IN the bank and OZL stock is relisted and trading well above 55c then the Veuve Clicquot will be a welcome respite from the ALL the Heat.
Whilst I may seem or be a smart guy for understanding the intrinsic value of OZL and buying a huge chunk at 55c of OZL in the days before the suprise suspension, all that capital is still considerably at risk, just the same as people like Gary A (OZL's quadrapelgic shareholder who owns a large holding of OZL at > $3.00. I wont be celebrating even if we relist until these guys and the many fine and burnt shareholders recover a meaningful proportion of losses.
Refi will be done, ive said it from the beginning as you know for a thousand well constructed fincial and strategic reasons reasons but only a fool would be jumping for joy now.
(Though I sure can be a fool...as ive learned this week ....but thats a private matter)
Salut y La Paz.
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- no reason to pop veuve clicquot just yet
no reason to pop veuve clicquot just yet
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