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

free aussi gold, copper and zinc

  1. kennethgalbraith
    14,019 Posts.
    lightbulb Created with Sketch. 56
    clock Created with Sketch.
    19/02/09
    12:03
    Post #: 4814581
    the money spent on the mines is in books

    assets $4.9
    liabilities $2.2 (increase $400m)
    equity $2.7


    bookvalue 87c
    (2.7/3.1bn shares)

    all the zinc, copper and gold etc is not included

    at 87c the chinese are paying us what it cost to build the mines

    any future value for the resource doesn't come into the equation

    we are basically giving away our resources for nothing
    OZL Price at posting: 66.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

LLL Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng
right-arrow Created with Sketch.
AHK Ark Mines defines significant exploration target at Sandy Mitchell rare earths project
right-arrow Created with Sketch.
NEWS Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom
right-arrow Created with Sketch.
NEWS Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker
right-arrow Created with Sketch.
AVA Ava Risk Group expands US presence with A$0.7M Substation Deal
right-arrow Created with Sketch.
EMD Emyria and UWA secure $499,411 grant to advance MDMA analogue drug program
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.