meant to say "wish"- and below is part of a post re ozl a few days ago:
biggest risk to this stock (and most of resource sector) is Henry the lover of all things in nature and the ALP!! Surely they cant be looking seriously at 40% resource tax, plus the company taxes!!!
yes i really didnt think even they ( kev and wayne and ken ) would!!
still, ozl still havent spent their cash pile and as i said in that post - if there is a shakeout then they will get even more favourable terms for any farm ins or investments
When i posted a few days ago i was more worried about sovereign debt in europe and not sovereign risk in oz!!
OZL Price at posting:
$10.75 Sentiment: LT Buy Disclosure: Held
