Nursery has made an interesting suggestion... to build on it
- OZL could make paper bid for LYC and use some cash for project development, plus probably get some debt into the project too
- OZL would then have two world class resource assets in Australia
- Diversify from a product perspective - this is the one which is interesting - would shareholders want to remain copper focused? Rare Earths have a massive future, and Rare Earths magnets make motors smaller (smaller motors would use less copper - so it would be a kind of hedge in this regard)
Does anyone know management to suggest they at least look at it?
OZL Price at posting:
$1.12 Sentiment: Hold Disclosure: Held