OZL 0.00% $26.44 oz minerals limited

how much will we get if it goes into admin, page-9

  1. 14,137 Posts.
    lightbulb Created with Sketch. 106
    I think the chances of refinancing will occur if the OZL can payout the banks that don't want to be part of the syndicate

    to do this OZL will have to do either or both a capital raising or an asset sale

    provided these conditions are met everything will be hunky dory

    so in order to do this the banks have to give OZL time to sell the assets and raise the capital

    I am not sure how much the rogue banks want to get out.

    I think one...Society general wants about $250m...

    not sure how much the rogue bank has invested...lets say $500m

    so lets say $150 m for the rogue bank

    that would mean selling Martabe and a small capital raising

    lets say a rights issue of say 1 for 3 @ 30c which might get us about $326m

    and the sale of Martabe at $200m

    all up $526m

    that's the way I see it going
 
watchlist Created with Sketch. Add OZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.