OZL
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0.00% $26.44 oz minerals limited

barrick to buy p hill mine

  1. rebel1
    27,197 Posts.
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    30/03/09
    08:20
    Post #: 4956885
    news just thru, barrick gold considering buying ph mine

    morgan stanly as advisers

    why couldnt ozl sell other asetts to minmetals. say ph is worth 1.5 bill.

    so they pay 2.5 bill for the rest , that leaves us with ph and 1.2 bill.

    (same equation as the current offer)

    ozl sahes worth more than 60c still imo
    OZL Price at posting: $5.55 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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