Ozl is in a unique position that in the next few years could see it steal a march on a lot of others. With comodities prices low a lot of mines are closing down and no new mines will start up. As most know the lead in time for new mine from the first drill to mining is bout 4 to 5 years( and thats pretty quick), So OZL and the bigger miner will benefit as even though growth has slowed we still use commodities and we use more than ever before. Where OZL can take off is it can ride out a few years where lot can't. With its unhedged resources it will be set to gain maximun ground on any turnround and this situation the world finds itself in OZL will become more stream lined cutting costs and maximizing profits. With a longer term view OZL as long as it makes the right moves could in few years be on the level below BHP RIO these are interesting times and its easy to listen to everyone call for the end of the world but under 90cents OZL should make a lot of money for holders.
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