OZL
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0.00% $26.44 oz minerals limited

The RCO stake is interesting.My read of the company is taht it...

  1. Dasa
    364 Posts.
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    15/09/09
    10:15
    Post #: 5642153
    The RCO stake is interesting.

    My read of the company is taht it wants to prove up its exploration targets and then get someone else to mine it retaining either a percentage of the profit or getting royalties (hence the name).

    THey are not interested in doing the actual mining and would look to a friendly company, say OZL, to do it for them.

    A very interesting play for OZL shareholders
    OZL Price at posting: $11.15 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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