OZL 0.00% $26.44 oz minerals limited

What now ?, page-46

  1. 5,616 Posts.
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    Thanks all for a fascinating discussion. Where to acquire desired Cu exposure?

    I have not kept abreast of OZL as I sold out at 27.60 to 27.90 over six months ago. With four bags in hand, I wasn't going to ride the wave to the beach chasing that last 5%.

    I saw an attractive opportunity in SFR at 3.66, now up 75%. That price valued Matsa at $A1.5b and Motheo at nil. Heavy debt, eased by the $200m CR.

    I also bought parcels in CUS RXM NWC and HGO. I have learned I only puts real effort into shares I hold. RMX isn't going anywhere, while HGO has a short life, no chance of being taken over and I shrug.

    I already held A1M via MEP/DMR, best of the tattered lineup of Cu juniors on the ASX.

    Ash
 
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