OZL
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0.00% $26.44 oz minerals limited

carrapateena commentary

  1. Horsetrader1
    5,227 Posts.
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    12/04/10
    10:33
    Post #: 6559697
    Today's AFR has some commentary on this resource. OZL, BHP, and Gold miners were all mentioned.

    AFR 12th April 2010 p 20 Excerpts from the article

    Carrapateena buyer will have to dig deep

    Carrapateena has an estimated resource of 4.4m t of Copper, 6 moz of Gold and 225m lbs of Uranium. It would need to be developed as an underground mine.

    Some expect the sale could fetch about $300m. It would be logical for BHP and OZL to be among those in the data room.

    Copper grading is reported to be 2.1%

    HT1
    OZL Price at posting: $12.35 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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