Have to agree with HT although he may be a bit harsh.
It is not really reporting but a lot of speculation
Adding to HTs comments, with respect to PNA, I can't see OZL wanting to buy them out. PNA is going well on its own but wouldn't really add anything to OZL. A friendly merger somesay to maximise market power, contracts and reduce supply risk maybe, but only a faint maybe.
Taking on REX. Maybe and I suspect they are or have been looking at it and have done their sums/strategy.
Diversifying away from Copper?gold. Not at this stage. There would be many former OXiana shareholders who believe this is what got OZL into trouble in the first place, and would flay the Board alive if they did it. Any diversification would come as a consequence any multi mineral deposits OZL develop as part of developing new Copper?gold mines.
Will leave the other speculation re SFR as I have said enough already on this.
Regards
OZL Price at posting:
$17.65 Sentiment: Hold Disclosure: Held
