Being exposed to this stock, which is the lowest cost, most profitable mid tier pure copper miner on the ASX is the place to be.
With issues in Peru, declining grades at Escondidia, sovereign risk in Africa, OZL is in an enviable position. The company has plans in place to significantly increase output and profit and it continues to reward shareholders with dividends and capital returns.
Why would you put your money anywhere else?
HT1
OZL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held