OZL 0.00% $26.44 oz minerals limited

the answer we have all been waiting for

  1. 27,028 Posts.
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    Here is a solution


    Obviously Minmetals have cash, ozl needs cash, so why dont OZL borrow 1 bill off them, clear the debt and give them 2 billion shares

    So we will have approx 5 bill shares , assets worth 5 bill so value is $1 per share.

    Their $1 billion dollars becomes $2 billion ( a great return straight away) and when commodities pick up, and the cycle turns up they could be back to $3 in the next few years, so they have $6 billion from $1 billion, and no headaches of running a company.
    (1 clause, brand new board).. I am sure the shareholders would agree.

 
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Currently unlisted public company.

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