OZL oz minerals limited

cu price up 14% last 2 months and ozl down 4%i, page-5

  1. 5,227 Posts.
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    Interesting discussion.

    I have noticed the fact that OZL seem to be going sideways while it's peers (PNA and EQN) have been moving upwards.

    It is hard for a stock to get a good reputation, easy to get a bad one, and hard to get it back again. If you were an investor and you had the choice between the 3, which would you choose? OZL with all the press about nearly going bankrupt or EQN or PNA that have not made headlines. I suspect that investor psychology has a lot to do with the sp.

    Also as the sp has risen, lots of long term holders have quit, having been burnt - so any sp appreciation is met with significant numbers of sellers. (I suspoect that PNA and EQN do not have this issue nearly as much).

    Share price appreciation will, IMO, come about if and when

    a) a significant new resource near P Hill is found
    b) a growth profile of projects can be shown to the market (remember the Oxiana safety hat charts of projects) - currently there is only P Hill underground that maintains output, it does not extend mine life.
    c) an aquisition that is received well by the market - that could be 6 to 12 months away
    d) kicking goals every qtr on C1 costs, tonnes etc to show to the market that what OZL says it will do, it delivers on.
    e) deliverig on the projects announced i.e. P Hill u/g, Cambodia Gold

    HT1
 
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