OZL's price weakness might also have something to do with growing doubts about how it is performing, given the combined effect of falling commodity prices, higher input costs and rising $A value.
It certainly doesn't help sentiment towards OZL, or trust in its management, when it selectively discloses the different costs of producing its base metals.
The silence in its recently released report about the unit cost of its zinc operations - at the heart of concerns about OZL's performance - (while diclosing some others) has left me with concern about what is really happening within OZL and about the level of thust that investors can have in the management.
If there were good reasons why unit operating costs for zinc could not be disclosed, while some others were, OZL should have outlined those reasons.
OZL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
