buys carrapateena , page-20

The sp seems to indicate that some brokers mustn't like the deal.

"While it can only be proved in hindsight, OZ could well be buying, at or near, the peak of the current copper-gold cycle."

If it's so good why are they selling?

Foster Stockbroking: "We view this purchase negatively and believe OZ is overpaying for an asset with no resource and significant risks," the firm says.

Foster argues the envisaged block cave mining method is "challenging and expensive'"and questions why Teck would sell the asset ``unless there are issues bringing it to production''.