Ann: OZL: OZ Minerals extends its Offer for Avanco, page-291

Thats a bit rich Phil. They are absolutely obliged to report any change in the IAF, over which they hold no control. I accept (perhaps) that they may hold a batch of envelopes back, but I don't really believe they would want to do that.

They have exaggerated the truth on acceptances all the way along this tortuous route they are taking trying to get retail acceptances in the door, by including BR from day one, then having to backtrack, and now Cole is anticipating the options conversion to boost his number. Next thing, he'll be anticipating what he's heard might be in the mail

FFS, just report what you have got, no more, no less.


I see mention in the press that someone has nominated OZL for potential takeover. Well, that does not surprise me one bit, given the embedded value they are trying to steal from AVB shareholders. Good to see that someone can analyse the value OZL will have in the pipeline over coming few years, even if the OZL shareholders continue to wear blinkers and accuse their BoD of paying too much.

It beggars belief that they can keep a straight face when they utter such rubbish, thinking we might believe them, lol

Still waiting until the 14th to see what to do; why wouldn't you?

Having said that, in the interests of honest disclosure I have sold a small portion on-market, for personal reasons.