I have a large holding of OZL shares and have never sold one. I stuck it out through the bad times when others were bailing, confident that i would be rewarded in the end.
I am now well in front having averaged down (thank god i did.) I am still confident that better times are ahead and that the faithful will be handsomely rewarded. Our current shareprice i feel is ready for a rerating and that $2.50 is not far off.( if the world doesn't go into a tailspin.)
Any exploration successes will go a long way towards that target price and the deficit of copper (LME) this year will help.
Sometimes i get frustrated when i know the potential of this company and that progress seems to have bogged down.
As i rely on dividend and bank interest for survival you will often see me pushing for larger dividends, special dividends etc. lol
Anyway enough rambling- stick with OZL. You will never regret it.
OZL Price at posting:
$16.70 Sentiment: Hold Disclosure: Held