oz minerals ? future takeover target, page-7

Pilatus,

One thing about TB is he is super conservative.

OZL were under enormous pressure to buy SFR with Prominent Hill declining copper grades.Interestingly this is about to change with grades at Ankata now 2.3 to 2.8% copper also adding 25,000 tons copper and 12,000 ounces gold.
There is no chance of a T/A as we all know that prominent hill is too close to our Defence bases for the GOVT to give approval to off shore investor
However the $650M cash plus the $250 M in stock.Makes OZL essentially bullet proof.
OZL shareprice has been depressed by shorters and the exit of a large shareholder which managed to sell 5% of the company in the low $6.
OZL shareprice has been as high as $18.80 and essentially is lost a 3rd of her market capital and still has $650M Cash $250 M Stock on hand Equity accounted SFR $250M which accounts for $1150 out of $2000 mks cap.
With QE3 and the 40 Billion per week support the Copper price will bounce.