Quite possibly because OZL has done very little to convince anyone that it is any more than a one mine company with a heap of cash!!! OK, I understand the patience thing, but surely at some point these guys need to get some M&A action going, and get back to doing what they know, and what The Mighty OX, previously did best. Assessing and acquiring quality assets and bringing them to production. Is this SFR? Is it HOR? Who knows, but present management seem paralised by fear to do anything!!! Maybe residual from prev "forced" firesale.
OZL Price at posting:
$17.15 Sentiment: Buy Disclosure: Held
