hillgrove goes it alone on kanmantoo project, page-35

King,

I entirely agree with your comments about OZL. Cash doesn't have a fix value. 6 months ago, OZ Mineral's cash bought a lot more OF ANYTHING than it does now. So by sitting on their hands, hoarding their cash whilst the market recovered, they have underperformed. There is a bull metals market going on, but OZL didn't get the memo!

On Q Copper, to be honest, I think Sage got a little too clever. He rejected offers, seemingly for tax reasons, and then decided to go down the IPO route. I was skeptical.

Then, the float reportedly closed deliberately early and oversubscribed, and I think what they were trying to do is ensure it opened strongly. But then, (again reportedly), a large UK investor didn't stump up the money due to exposure to Dubai, and they couldn't fix it over the weekend.

But who knows what is truth and what is spin sometimes..?

Y