What do you mean by "recent developments have changed things a bit?"
If OZL does not get NP, then IMO, it's sp will really suffer. Why? Because all the analysts will doing their NPV's with no residual value. Why? C is not committed, there is no publication of tonnage after 2018 and there is no announcement of actual capex commitment for P Hill u/g, hence the only conclusion to draw is for mine life to end in 5 years.
This is a harsh assessment, but the analysts would not be cutting the company any slack.
HT1
OZL Price at posting:
$4.09 Sentiment: None Disclosure: Held
