"...If things are looking rosie in 4 weeks, ie Martabe and Golden Grove sales are completed and OZ is cashflow postive, surely the institutions will knock back the MM offer..."
Shareholders may not be afforded the luxury of really having to make a decision....I think that they will be left with little choice.
Personally I believe that our board will not engage in any genuine attempt to sell Matarbe and Golden Grove, and opt instead for their thirty pieces of silver from MM.
IMO
OZL Price at posting:
$6.30 Sentiment: None Disclosure: Held