Why do you say "OZL is looking o'seas if driven to be" and "yet I doubt any M & A is on the cards, as of yet". I am just a little interested in where your evidence is for those two statements.
IMO, OZL is certainly looking at all and any M&A that meets it's criteria, in Aust or o/s. It is also well aware that cash is king, but it is also aware that getting a mine that meets it's investment hurdles for that cash will generate a far better return than leaving it in the bank.
HT1
OZL Price at posting:
$5.28 Sentiment: Hold Disclosure: Held
