Vote NO to the Minmetals deal. With copper going back up quickly, now US$2.20/lb. Nickel about to break US$6/lb and zinc now at US$0.73/lb.
Now is not the time to be shafted by the Chinese and OZL management.
Other stocks have gone up 200% to 300% recently due to commodity price rises.
Andrew Michelmore was the CEO of WMC, when BHP came along and stole the Olympic Dam project and all the Kambalda nickel mines.
Our dear CEO Andrew was at the helm at the time.
As BHP's chief financial officer, Alex Vanselow, reckons that thanks to the Olympic Dam mine that came with the acquisition, it was like "going to a flea market and finding a Rembrandt".
All thanks to Andrew Michelmore.
Now with OZL's CEO Michelmore the Chinese are getting the bargain of the century.
Michelmore has sold shareholders down the river, once again.
Vote NO to the sale to Minmetals.
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