OZL 0.00% $26.44 oz minerals limited

Blackrock has increased their shareholding from 7.5% to 12.5%...

  1. 5,227 Posts.
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    Blackrock has increased their shareholding from 7.5% to 12.5% (or close to this number). they normally read the commodities quite well.

    I agree with Bulljack and others.

    Investors are not wanting to buy it because it has a reputation. (I would not buy CTP or any B&B company because of the reputation. - do others feel the same way? If so, translate that feeling to other non OZL investors. If they wanted to invest in a reasonable Copper play - the choices are PNA or OZL or EQN, EQN might be removed from the list due to sovereign risk and OZL has a reputation, so they go with PNA)

    It will take some years to rebuild confidence in the company, so that the stock is not removed from investor buy lists.

    All the company can do is meet it's guidance, run P Hill well and make good strategic acquisitions. (a bit like OXIANA did in the early years).

    I am happy to hold as I see significant potential in the assets

    HT1
 
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Currently unlisted public company.

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