OZL 0.00% $26.44 oz minerals limited

MX,A picture is worth a thousand words. If you put a trend line...

  1. 5,227 Posts.
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    MX,
    A picture is worth a thousand words. If you put a trend line on that graph, the message is very simple.

    Some stats. In the past 6 months, base metals have increased by the following percentages

    Lead 50%
    Copper 40%
    Zinc 37%
    Nickel 22%

    So all base metals have had good increases over the past siz months.

    OZL half year profit was $264m on continueing operation. 40% copper improvement = $369m for H2. Full year profit on operations could be in the order of $633m. A previous post I indicated about $710m.

    So there you have a profit range from $633 to $710 - not too shabby.!!!

    HT1
 
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