Mark10,
Well said. If the proposal does go through, we will have a new CEO, a new chairman and we can rebuild. With some exploration luck, OZL could easily grow from 100,000tpa of Cu to 200,000tpa with little capital expenditure. (Infrastructure already in place).
Excess cash can be returned to shareholders via dividend and share buyback (it is our cash after all)!!!
200,000tpa of Cu at $3us/lb = free cash flow of $887M
HT1
Mark10,Well said. If the proposal does go through, we will have...
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)