Im sure this has been brought up before but is there anyway to bring C online faster? Im also wondering how confident the market is about C given the recent drops in SP, Is it a pretty sure thing yet?
Im also wondering if perhaps management could look at stockpiling more copper out of PHill until prices pick back up and relying on cash balance in the meantime or maybe buying a stake in a couple more juniors so that takeover options are varied and at least holders feel they are exposed to the copper price.
I dont know if anyone has raised AOH as a target but I was lucky enough to meet with the CEO and CFO a little while back. They are having problems with funding their developments and finding sourcing infrastructure difficult as a smaller miner (particularly due to regulatory hurdles) maybe a JV would allow OZL to put cash to good use and prove a win win. I just think that the market wants to see the cash invested SOMEHOW, debt can be later used to make t/o or investments sold. I just think people dont want to see all of the money go into exploration....leave that to the juniors.
OZL Price at posting:
$6.29 Sentiment: None Disclosure: Not Held
