At the risk of monomania what he has also obfuscated about is Martabe. Two weeks ago we have a press report that there is a preferred bidder, now in this presentation it is in OZL's development pipeline. Is the asset for sale or not?
I am banging this drum because a) I think the asset is great, and b) there is a big risk difference between OZL dependent on PH as a top-tier asset and having other high quality assets in, or coming into, production. Until this gets resolved I am keeping my cash in my pocket.
OZL Price at posting:
61.0¢ Sentiment: None Disclosure: Not Held