cpg whats your taken on ozl I mean look they have an offer which doesnt seem too unreasonable given the price today but it means a 100% t/o and fully owned by the chinese. I cant see that happening since they only gave Sino an opp to buy 49.9% of mmx.
So if they let ozl be fully owned by the chinese whats to stop Sino having another go at 100% ownership.
I dont think ozl will be approved for the t/o cant see the gov giving away more of our assets, and I cant see ozl going to the wall as it is too valuable-so I am betting on another t/o from another source or refinancing.
I dont think this will affect Sino/mmx.
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