OZL oz minerals limited

seriously, that letter, page-18

  1. 2,649 Posts.
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    Larlie - It is accurate.

    Hegarty famously trumped the "stronger for longer" with "stronger forever".

    It remains as a symbol of the recklessness, the sort of uncritical corporate group-think, charitably called at the time "unbridled enthusiasm" that drove the company to the brink.

    Zfx paid 2 dividends in a single year higher than the current share price. Greg Gailey said he would return the billion dollars from the smelter sale to share-holders if a suitable acquisitions could not be found.

    He waited, and had the good sense to recognise the dangers, even before base metals price turned to crud.

    The current mob couldn't spend it quick enough.
 
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