OZL oz minerals limited

how much will we get if it goes into admin

  1. 14,217 Posts.
    lightbulb Created with Sketch. 123
    just on a back of the envelop calculation

    there was about $7bn in assets

    $6 bn now the cash is almost gone

    sell all the mines at 50% discount

    leaves $3bn

    liabilities would be about $2bn

    of that interesting bearing liabilities would be $1bn and the rest payables etc

    pay all them out

    equity would be $1bn

    3.26 bn shares

    perhaps we might end up with 30 cents each

 
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