OZL 0.00% $26.44 oz minerals limited

Hi Mx- As i have stated with Carrapateena coming up in 5/6 years...

  1. 817 Posts.
    Hi Mx- As i have stated with Carrapateena coming up in 5/6 years depending on how TB pulls the finger i will dread sitting here discussing- "if only we had of purchased SFR we wouldn't be losing sleep like the Michelmoron years with new billion dollar loans threatening our existence."

    Don't worry about projects with a 10 to 15 year mine life when all the proceeds from SFR are sitting in the bank to keep us out of unnecessary debt.

    I dont know what game Burgess is playing but i was hoping the 1 for 10 consolidation was going towards an equity swap for SFR.

    Lets face it another 151mill. shares isn't going to put us back in the billions of shares again.

    I notice after the last analyst tour that Burgess admitted he had perhaps made a mistake in not purchasing all of SFR in the initial 19.9% raid.

    Ten days after that raid SFR come out with a spectacular JORC that amazed the market. Don't tell me that Burgess hadn't heard whispers about that event.

    His inaction at the time is going to cost OZL big time.

    So much for him being the expert on mergers and acquisitions at Anglo.
 
watchlist Created with Sketch. Add OZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.