not too late for oz minerals , page-5

This is certainly what I'm hoping for. Similar companies have gone up 100%+ since offer was made, as commodities bounced over 30%. OZL has hardly seen any of this price action, and remains below the now rather dated offer price.

It is strange no other offers have come in. I challenge anyone to show me a mining company that could be taken over at a price representing an effective P/E of 2. P/E ratios of smaller miners is still pretty low, but not this low - not to mention you would need some sort of premium.