2 years from now providing ozl survives, could be a company with no debt i read an article recently stating that PH will deliver plenty of cash. I suggest at least $4 if commodity prices increase 20% ozl has low cost long life mines jbwere valued assets recently at 7 billion i cant understand that even at firesale prices 50% of that paying off all debts it would leave $1.20 per share
i think morgan stanley pushed tghe price down in the last 2 weeks it traded to accumulate and force margin calls etc
i dont think we will see 55c again relist at $1 plus
OZL Price at posting:
$5.50 Sentiment: Buy Disclosure: Held
