KG youd think with all the level of interest on OZL at asset level someone, the chinese, BHP or NCM will be smart and pop ud and say bugger it we want it all at $1.00. Knowing a successful vote is likely.
A buyer, BHP, Chinese, Gelncore/Xstrata etc with time and balance sheet strength on their side can still unlock billions of value from OZL especially in PH and the nickel/zinc assets.
The Breakup value is $2.00 + as we know.
Im waiting for that headline. That would be nice for everyone.
Confident one bid will generate another, possibly even hostile.
OZL Price at posting:
$5.50 Sentiment: None Disclosure: Held
