OZL oz minerals limited

swan blocks chinese takeover of oz mine, page-20

  1. 7,728 Posts.
    Unfortunately, I don't think you can compare the balance sheets and asset-backing of BHP with OZL.

    Rio is selling assets to minimise debt. OZL is trying to sell assets to stay afloat.

    BHP does not need todo either. But it has sold company bonds (that is, asked people to loan it money for an interest rate return). Would you loan OZL money in the circumstances?
 
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