OZL
Click for more information
0.00% $26.44 oz minerals limited

While I agree that getting Martabe going may cost $300M, that...

  1. Horsetrader1
    5,227 Posts.
    lightbulb Created with Sketch. 146
    clock Created with Sketch.
    02/04/09
    12:29
    Post #: 4972391
    While I agree that getting Martabe going may cost $300M, that money does not need to be spent immediately. It can be sat on for 1, 2 3, or more years and developed when the cash flow from PH or sale of TORO shares allows the business to do it.

    It is the known growth project for the business. While PH has growth potential, it is currently only potential.

    HT1
    OZL Price at posting: $5.70 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

HRZ Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision
right-arrow Created with Sketch.
PEC Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil
right-arrow Created with Sketch.
MIN MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned
right-arrow Created with Sketch.
MM1 Geochemical work at Newington picks up gold and copper anomalies for Midas
right-arrow Created with Sketch.
MND Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
right-arrow Created with Sketch.
NEWS Capital raisings wrap: Brainchip, Ovanti, Lake and VHM
right-arrow Created with Sketch.
watchlist Created with Sketch. Add OZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.