OZL 0.00% $26.44 oz minerals limited

rxm as renewed takeover or merger opportunity, page-16

  1. 1,821 Posts.
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    I have been watching this thread for a few days. I own a few OZ shares (silly me!). The thought of that Management Team buying something and running it profitably?

    A few factors:
    1. OZ Minerals is trading below NTA
    2. Auditors recently had the opportunity to force an impairment charge (if required) and didn't so the current copper/gold price/cost regime reflects the value of those assets
    3. More than 20% of OZ NTA is cash
    4. Explorarion and Management OVerheads represent $150 Million and removing them would increase EBIT by approx 50%

    Take 'em out I say!!!
 
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