buys carrapateena , page-56

Thanks Royalflush, appreciate your kind comments.
Wouldn't normally disclose it this way but given that they are closed transactions and to answer you - I bought 200K OZL + 200K OZL $1 Call Options last July and sold out circa $1.50 Sept - on Charlie Aitkens Under The Southern Cross recommendation (he subsequently said sell circa $1.60s)- thought I could get further leverage on SFR based on the relative NPV discount / greater exploration upside - so far it is a line ball decision.
That is my background and interest in OZL.
Good company OZL, tremendous management, (as a teenager I bought shares in Delta Gold at 16c and made huge % profit - TB is a good operator), quite prepared to accept OZL scrip for SFR.
I started writing in OZL threads to educate posters on SFR, there was an incorrect perception that SFR was worth $4 and not a cent more. This thread & SFR thread are generally communal and reasonable threads with good content and open minds so it is enjoyable too.
I would be absolutely shocked if OZL did not buy SFR or sold down their position - the combined operations now with big C would be IMO very favourably re-rated by the market and you would see institutional rotation from EQN to OZL.
SFR NPV (my numbers and I have extensive experience at these) at $2.5 lb (all conservative inputs) is $7 per share, 2012 production sold at $4 lb (realistic) adds $1 and life of mine sales at $3 lb ($0.5 lb increase) adds $2 per share + the hottest exploration area in the land. IMO its just a matter of time and price, Gentlemen "TB has the tennis balls and is able to serve".
Thanks again