it seems to be OZl simply needs time. Its amazing how much free cashflow can be generated with a kick up in metal prices.
Surely if we can get a pass for the next 6 months we may just see all this off with gold and copper leading the way.
Remember, it was only a few months ago Charlie Aitken was talking $1b of free cashflow in 2009. I know metal prices have deteriorated since then, but surely, a slight recovery will have a major impact on cashflow
OZL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held