OZL 0.00% $26.44 oz minerals limited

Agreed. Why would BHP want OZ with the cashburn on the mines. OZ...

  1. 433 Posts.
    Agreed. Why would BHP want OZ with the cashburn on the mines. OZ had $1 billion of cash and reveresed into $1 billion debt in what, less than a year? That's a huge burn BHP would not want on its balance sheet.

    BHP is just waiting to buy PH and maybe Sepon/Martabe.

    I hope the Australian prison is waiting to make an unconditional takeover for Michelmore.
 
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