Empire, credit where credit is due.The valuations of almost all 'copper' stocks has increased dramatically in recent times e.g Rio regardles of the success or otherwise of management. My observations indicate that the profit the Ozl is generating on Prominent Hill is being wasted on an expensive and so far unrewarding program in SA. The only profitable venture that Ozl has undertaken in recent times its investment in SFR!!
This makes Ozl a complete contrast to the likes of SFR and RNi. My concern is that the management will be distracted by having to watch their back etc/ pander to the stuipid needs of Ozl when they should have all their attention focused on Doolgunna.
Doolgunna looks like it will be very challenging but ultimately very rewarding for RNI. Why give Ozl a chance to impede the natural process that RNi seem to be following?
AUR Price at posting:
$1.08 Sentiment: None Disclosure: Not Held
