re: Ann: Quarterly Report Presentation - Dece... Yep
Frustrating isn't it. That is why OZL may make a decision to pull out of the process if they haven't already.
It is deep and will have difficulties mining, and as the copper price rises so does the price.
I think I read somewhere that the sellers may be after more money than the suitors are willing to pay, hence the delay and standoff. Probably waiting for Michaelmore to make an offer.
My point is that if OZL are still in the running it probably has to retain its warchest, and this may block other purchases.
All depends on OZL's overall straegy too
Regards
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Ann: Quarterly Report Presentation - December 201, page-17
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