OZL 0.00% $26.44 oz minerals limited

Lordy- I wouldn't be breaking out the champange just yet.This...

  1. 817 Posts.
    Lordy-

    I wouldn't be breaking out the champange just yet.

    This deal is hardly the answer to OZL short term growth woes.

    I feel if anything OZL are probably too embarrassed to release an announcement to the market for fear of under whelming.

    With the prospect of probable blow outs in the time frames for Carrapateena or even a negative investment decision after further drilling and evaluation, what we need is a project that is close to or in production.

    We even face the prospect of only having PH underground to feed the mill.

    Not a scenario that would endear the OZL shareholders for fear of a real likelihood of a reduction in available monies to return as dividends.

    No i believe and hope there are bigger fish to fry for OZL on the horizon.
 
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