It is pleasing to see most management changes came from experienced company people, that shows the company has faith in their proven experience on the operational front. Terry Burgess the new CEO also looks to have a very suitable background to head this team.
Given the great assets i.e. PH, majority control of TOE & now plenty of cash with probably the best copper/gold operation in the world, it should not be that hard making this company the success it rightly deserves.
OZL has great exposure to 3 key commodities going forward namely copper,gold & uranium.
As the world recovers from the GFC & demand for these commodities continues to rise, shareholders should be well rewarded.
Regards
Buffett
PS No investment advice given, please do your own research.
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