While the board members that helped send us to a near death experience remain, the market will keep caning us.Lack of direction and a limp strategy from Burgess hasn,t helped pump any enthusiasm into the share price.Even with reasonable broker upgrades and $1bill.in the bank, haven't help convince a gun shy public to invest. While we remain a one trick pony and as such vulnerable to any shift in copper prices and to a lessser degree gold price movements we are seen as a risky investment.Until we do something responsible with the war chest the market is not going to be interested and Burgess coming out and saying that within a year something will be done is just too long a time frame for investors.
Roll on the sorry saga of OZ.
OZL Price at posting:
$11.50 Sentiment: Hold Disclosure: Held
