Dasa,
Nice thought, but IMO, the probability of that happening would be very close to zero.
BHP is already mining O Dam, and they will continue to mine it for more than 100 years. The extension requested is to the development of the open cut. If the open cut does not go ahead, mining by BHP would still continue. there is no legal or moral reason for the SA govt to give the mining lease to anyone else. In fact, if the mining lease was transferred, the view of sovereign risk would be much greater and make SA like some African nations where mining leases are moved to companies as "gifts". This would not be a good look for SA.
HT1
- Forums
- ASX - By Stock
- olympic dam and ozl- a thought
Dasa,Nice thought, but IMO, the probability of that happening...
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online