OZL oz minerals limited

Hi Ville,I keep on banging the drum with Rex Minerals - It could...

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    Hi Ville,

    I keep on banging the drum with Rex Minerals - It could consume the $750m by buying the company or doing a JV and spending the bal on the capex to bring hillside to production.

    BHP might discard the Pinto Valley copper mine in the US - I am not confident it has a good C1 or mine life or tpa, but have not been able to get any data on it.

    RIO might discard NorthParkes copper mine - that would provide growth and use the $750m. That mine meets all the criteria.

    Like you, I am getting concerned that there is currently no tangible growth plan.

    HT1
 
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