Page 27 - Discovery fits the bill for OZ takeover bid
OZ Minerals boss Terry Burgess reaffirmed to investors on Tuesday that OZ was on the lookout for opportunities.
The article states that Discovery Metals ticks all the boxes and further re-emphasizes that Botswana is a sound investment choice. Additionally, the article also states that OZ has 1 Billion in cash and debt firepower to use for acquisitions...
If they do make a move, i just hope that it is later rather than sooner otherwise they may grab this company for a song, without the opportunity to make it to production and / or prove a second financially viable site..
DML Price at posting:
$1.28 Sentiment: LT Buy Disclosure: Held