OZL
Click for more information
0.00% $26.44 oz minerals limited

fgb,some thoughts on your questions."sink the cash into a new...

  1. Horsetrader1
    5,227 Posts.
    lightbulb Created with Sketch. 146
    clock Created with Sketch.
    07/01/11
    15:28
    Post #: 7701966
    fgb,
    some thoughts on your questions.

    "sink the cash into a new mine" - OZL are indicating that there are non worth buying.
    "extension of the current mine" - This will take some time. All indications are that Cash flow from the current P Hill can pay for that.

    Dasa,

    Things have been quiet on C for some months now. I suspect that OZL has walked away due to either too high a price required or significant mining risks.

    HT1
    OZL Price at posting: $16.90 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

HMD HeraMED delivers digital maternity care to select clinics with Telstra
right-arrow Created with Sketch.
SFX Sheffield Resources achieves milestone production, shipments at Thunderbird, WA
right-arrow Created with Sketch.
PDN Paladin flags up to 4.5Mlbs of uranium production in FY25 guidance
right-arrow Created with Sketch.
SXL Southern Cross says no to buy up of Australian Community Media assets
right-arrow Created with Sketch.
MYR Myer lobs proposed merger at major shareholder Premier Investments
right-arrow Created with Sketch.
RMS Ramelius boosts WA gold portfolio with stake in Spartan
right-arrow Created with Sketch.
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.