If i was CEO of OZL i would apologize to the OZL shareholders for not making a move on SFR when the price reached $5.62 in Sept/2011 during the PIGGS saga.
At 151 mill shares x $5.62= $849mill minus the 19.9% we already owned = $680mill approx.
Today that 151mill approx is worth 1.15bill minus the 19.95% we already owned =$925mill approx-
a difference of $245mill.
Just small change lol.
What is this guy waiting for.
SFR will make $440mill a year before tax
We would have got our money back in 1.5 years.
Strewth mate wake up to your self.
This project is going to make over $4.4 bill dollars while we sit here twiddling our thumbs.
We could throw some money at the Koreans who only really want a supply agreement.
We wouldn't be a one trick pony anymore and SFR are spending up big on further exploration to make the whole prospect sweeter.
(Ville the new permanent CEO of the lanquishing OZL). (lol.)
OZL Price at posting:
$9.92 Sentiment: Hold Disclosure: Held