strategies, page-9

Hi ya Dasa good on you for starting some thoughts on strategies.
Gezzzzz it felt good not getting a beating today by our wonderful market :-)

EL has made some good points.
I'll add a few more. Some IO players have the potential to make real money, as a commodity it has held up reasonably well of late in-comparison to Copper, Zinc, etc.

However the real problem in IO is that the infrastructure and CAPEX demand can be very high. I think it would be a risky move for OZL, and outside their zone of known competence.

FMG is out of OZL's league in terms of size if OZL was pondering IO and I aren't suggesting they should be, repeat not suggesting they should be, do you feel AGO would be a better fit? I will stomach "looking" at anything as long as its not Zinc :-)

Mx