All in all very positive.
Also, I noticed OZL made some interesting points in their latest announcement relating to their business strategy:
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=OZL
Key takeouts:
- Pursue Australian and international opportunities in low to medium risk jurisdictions which have the potential to increase earnings of the company significantly and have the potential to support a mine life of more than 10 years.
- Focus on copper as the preferred commodity, benefiting from the strong outlook for the metal, and consider other commodities, where competitive fundamentals and potential for returns is demonstrated.
If the Birds Head and Sumba results come in solid, then OZL have a $1B war chest of cash to run the ruler over HGO.
Further, this information is useful for HC users who are invested in company's with the above traits.
All in all very positive.Also, I noticed OZL made some...
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Last
7.1¢ |
Change
-0.001(1.39%) |
Mkt cap ! $148.7M | |||
| Open | High | Low | Value | Volume |
| 7.3¢ | 7.3¢ | 7.1¢ | $159.0K | 2.221M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 156904 | 7.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 789490 | 5 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| HGO (ASX) Chart |