Hi Mx
Actually reading the fine print the price is $300 million given another $50million has to be paid at first production, but that is still brilliant.
Also note that the payment is in $US dollars and OZL will use its holding of $US to pay for it so that may satisfy some of the critics of OZL holding $US
I also like the exploration potential that comes with the known deposit.
Looks like OZl will be around for a long, long time - Unless BHP now decide to takke them over.
- Forums
- ASX - By Stock
- OZL
- buys carrapateena
buys carrapateena , page-14
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)