Analyst Michael Slifisrski has upgraded OZL to ouperform after a Prominent Hill site visit, on expectations that the mine will have its life extended.
The broker is positive about recent drilling results which point to continuity in the orde body.
He said, "Management is now comfortable sharing its geologists' long term conviction that underground resources will grow, be converted to reserves, and extend mine life." ________________________
Best of luck, holders. I couldn't see the broker upgrade on your board, so thought I'd add it. Go OZL. :)
A bullish day on the markets coming up, too. A great day for such a "pure" resource play like OZL.
OZL Price at posting:
$14.60 Sentiment: None Disclosure: Not Held
