Before the start of business tomorrow...............I believe
"Under the plan, $US1 billion ($A1.25 billion) in fresh equity and convertible bonds and another $US200 million ($A249.94 million) in a working capital facility would be provided."
will be offered to OZL by a consortium originating in Canada....RBC?
The bank debt may be REPAID..
The Minmetals offer is surplus to requirements
No need to vote on it.
Just accept it and get on with business.
Michelmore to go and the board and all connections with stronger for longer Hegarty CUT
June 5 09 the start of SOMETHING NEW
OZL Price at posting:
$8.70 Sentiment: Hold Disclosure: Held
