It's funny, because the C purchase (too long to spell), may take a while to develop or do whatever miners do, but the commentariat have not said the asset was overpriced- just that it will be time-intensive and capital-intensive. So, OZL now have a new asset which will cost down the track, but that is hardly a reason to sell this stock. OZL's been lucky, actually, if this is how it's been punished on a purchase. One could almost see today's outcome as market approval- only a few cents off on a rather red day.
OZL Price at posting:
$15.75 Sentiment: None Disclosure: Not Held