oz minerals in no hurry to spend money, page-2

This commentary from the new CEO is interesting in a number of ways

1. They are being prudent and not rushing in using the cash. (If Copper tanks and we get a significant net PP, then having the cash is good)
2. They are spending 3 months working out their strategy. Also not a bad thing to do. Spending the time getting the strategy right is good, because the strategy then drives the company.
3. They want to spend the time in getting PH humming.

IMO, the sp may show no signs of movement for the 3 months until the strategy is determined. Once that is defined, the analysts will put the strategy into their model and come up with a new price target.

HT1