IMO our fearless board should run ruler over NXS ( i do hold in both NXS and OZL ) as this is a great imo oil and gas exploration company with it appears lots of upside esp with its Longtom gas Field. NXS sp now at 3 year low and company currently capatalised at $800m approx.
OZL again inmo should look at diversifying its base to enable it to further hedge against changes in prices in base and precious metals ( as with BHP ). Surely a merger or buy out with NXS would maken our company a truely diversified Minerals and Energy company ie IMHO a mini BHP.
Think about it ( esp board members should )and please DYOR. I d be interested in feedback / views. By the way glad to see some upward movement in SP , hopefuly we ve seen bottom
OZL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
