OZL
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0.00% $26.44 oz minerals limited

minmetals bids for equinox, page-11

  1. missionx
    11,632 Posts.
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    05/04/11
    11:58
    Post #: 8214603
    Hi ya Daza great weather in this mining state of our.lol.

    Daza is there any reason why you feels 9 bucks is fair value for EQN.

    Would there really be any manipulation? just asking buddy. What I mean is the copper market is 20 million tonnes per annum of copper through the LME. Therefore maybe EQN will not be able to do any price manipulation.

    So maybe there is no long term hurt for OZL. just putting this forward mate and more than happy to be corrected if I'm off track.

    Cheers
    Mx
    OZL Price at posting: $16.45 Sentiment: ST Buy Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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