I suggest that participating in the class actin is simply destroying your time; I note on your post that time is the most precious resource.
At the time of the letter I believe there was a clause in the OZL loan agreements. The clause indicated (Only my feeling on this matter DYOR) that the loans were long term. But this was repudiated by the lenders.
I have had a number of hard lessons in share trading. Luckily I also averaged down and have not sold. By the end of next year I should be ahead on average. I do not ever expect to see OZL again at $3.30 odd.
I do not expect to receive perfect information. This helps avoid disappointment. What I do believe is the recent drilling result of 35 metres at 1% Cu deep under the current pit. This may eventually assist in an extension of mine life.
Best wishes for the time to come. Please keep reading the ozl posts; especially those from HT. HC42
OZL Price at posting:
$16.60 Sentiment: None Disclosure: Held