I know nothing about it, other than it fits the tonnes criteria, although the capital cost seems a little high.
It would appear that there are plenty of opportunities out there.
We just need to have patience that the Bus Dev team is doing a really good job and is waiting for the right time.
By the way, did anyone see the article in the Fin Review on Mon, p 53 that talked of the next wave of US house loans that mature and then have an an uptick in interest rate. 2011 could be a horror year. The article was titled "Reality check for US optimists".
HT1
OZL Price at posting:
$11.00 Sentiment: LT Buy Disclosure: Held