Marsup and 431, I think OZL have the same opinion. Look at the IXR agreement. They want to get their hands on as much area as possible around P Hill so that they do not miss out on finding the next one.
IMO, we only need to find another one within trucking distance of P Hill and the impact on OZL will be enormous. What we have going for us is that we have the infrastructure in place and so the capital cost of bringing an additional P Hill to production will be minor compared to no 1. The return on capital would be huge.
BTW, could be a rough ride today!!!
HT1
OZL Price at posting:
$12.35 Sentiment: Hold Disclosure: Held
