OZL
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0.00% $26.44 oz minerals limited

Using that data and assuming $2 av copper price for next 2 years...

  1. bvbfan
    500 Posts.
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    27/10/08
    12:54
    Post #: 4433188
    Using that data and assuming $2 av copper price for next 2 years & GG breakeven at that price with copper credits.

    With 75c copper margin, OXR would have been debt free in a little over 2 years. If higher prices then obviously quicker.

    Now they wanted cash so badly the pay back may take 5years or more
    OZL Price at posting: $8.75 Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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