is oz about to swoop, page-2

I think MGX would be an excellent buy for them (I do own shares in MGX) however i believe that aside if I was an OZL director i would be seriously considering them.

They will make close to $400 million Profit next year and if he pays say say $2.2Billion ($2.6 per share) he will be able to pay off that investment in 4-5 years.

Adds diversification as well. Don't forget MGX is a conservatilvely well managed company. Its resource will grow significantly over the next several years.