HT1 if OZL announced the timetable now for capital spend of the funds starting within the next 2 years subject to no M&A activity then I would welcome the capital spend on PH or C underground mining. If OZL can use the funds that is a great outcome IMO.
If they make no announcements and do nothing with the cash for the next two years - I am not in favour of that.
If OZL cannot put the funds to use - I can put those funds of mine to work and OZL can feel free to ask me for funding when and if they need it sometime in the future and by that time, hopefully I have added at least 10-20% p.a. to the funds.
It is a waste to see capital not being put to productive use and sitting idle in the bank with no plan. I totally support OZL looking at M&A opportunities for a certain period of time but there is a limit as to how long you can squat on the treasure and it is approaching the time limit for me.
It is a case of gonna, woulda shoulda coulda
HT1 if OZL announced the timetable now for capital spend of the...
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