OZL oz minerals limited

Lockdown effect on OZL?

  1. 14,240 Posts.
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    I am assuming we are having a down day because of expectation of the SA lockdown?

    Obviously OZL will be somewhat effected if they cannot do FIFO changeovers etc over the next 6 (plus??) days, but my understanding is that mining can continue?

    Regardless of any impact to OZL I fully endorse a short hard lockdown as the right thing to do. Hopefully 6 days is long enough to get a ring around it with contact tracing, which I understand is expected to be very good in SA, but relatively untested.

    I can’t myself see this as worth a hit of a few cents a share, not the tens of cents we’ve seen today.

    Appreciate the views of those better informed than me.

    EL
 
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