OZL RNS

Ann: Agreement to Defer $10m Payment to Developme, page-2

  1. pilatus
    6,767 Posts.
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    10/09/13
    13:39
    Post #: 12310428
    re: Ann: RNS: Agreement to Defer $10m Payment... From May 2012
    OZ Minerals Managing Director and CEO, Terry Burgess said “We are pleased to finalise the sale of OZ Minerals’ Cambodian assets to Renaissance Minerals.
    While these assets were not a strategic fit within the OZ Minerals portfolio,

    LOL TB
    and now they defer the $10m payment? in exchange for $1m worth of Shares? Has this Co become a banker or something?
    more conservative lenience from this board..with our funds at our expense

    A divestment for virtually nothing in return
    OZL Price at posting: $4.26 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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