1. NorthParkes at approx $450M - am a little cautious on this one but provided that the geology and grade and mine life are acceptable, it could add depth to Copper tonnes, be paid out of cash, and be NPV positive. 2. Sandfire Resources - Once purchased by cash on hand, could provide a depth of Greenfield development that can be funded by current cash flow.
HT1
OZL Price at posting:
$12.35 Sentiment: Hold Disclosure: Held
