OZL oz minerals limited

Guys It sounds promising. There is enough assets even at fire...

  1. 20,781 Posts.
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    Guys

    It sounds promising. There is enough assets even at fire sale prices to clear debt to a decent level and ensure viability and cash flow going foward.

    It would be good if they raise a bit of extra cash from assets to make the necessary moves on shutting down all unprofitable operations. The cash bleed needs to be stopped to ensure decent prospects and risk levels for the longer term.

    I would expect a relisting at similar or sligtly lower levels due to negative of decreased assets balanced against postive of decreased debt

    Not a holder but good like to all
 
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