OZL 0.00% $26.44 oz minerals limited

review ozl oz minerals limited mineral resourc, page-17

  1. 20,371 Posts.
    lightbulb Created with Sketch. 1988
    Byron
    Assumptions are based on longer term assumptions - many believe th aid will readjust, specially if interest rate diff with the rest of the world reduces
    You will also note the most analysts use LT assumptions that are often 20-30 % of spot , sometimes higher.
    So in reality it boils down to a view of whether you think the assumptions will be close to reality or not.
    Agree with EL that you can't look at aud and ignore POG in AUD

    Spot and long term expectations are often very different - this is why iron ore stocks like MgX trade a such low PE multiples - expectations of spot moving quickly. If ozl from the view that aud is staying above 1 dollar and gold spot within be much lower I am sure they will recalculate

    Lastly - you have a sell view and don't hold which is fair enough based in your views
    EL has a long term buy based on his
    Arguing is uselless - you simply disagree - professional brokers disagree so why the passion in your disagreement.
 
watchlist Created with Sketch. Add OZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.