There are some basic things these guys need to do, but are not doing. Beside the point the OH let down a lot of long term Oxiana shareholders. Should of at least confirm that the board will be reduced from 11 to 8 by year end or so, just announcing that mansell & Cusack will step down will be a boost. Need to slowly re-build as Owen put back the company 3 years, with support from his incompetent board, which decided based on their prediction that zinc will go up medium-long term, the sky can be bluer in a few years too. If you make these decisions you got to take the good with the bad, but Cusack is never wrong of course, his wife must be really lucky.
OZL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held