I left Carrapateena out of the equation as that wouldn't fit into OZL's stated acquisition strategy to buy an asset that can be in production in the coming years (I think a previous presentation mentioned 2014-2015, which was pushed out from the initial 2012-2013). I am referring to 'near-term' or 'in' production companies and development companies.
While we're on the point, whether Carrapateena becomes a good project is also in question, given that OZL are yet to even make a decision on the construction of an exploration shaft. That's a different topic.
OZL Price at posting:
$9.69 Sentiment: None Disclosure: Not Held