It is a good discipline to have capital management programs (Capital returns/buy backs/dividends) but the end of the day you need some growth programs as well.
Current global exploration disappointing and the continuous comments for two years about project acquisitions need some proactive effort.
Sell the Sandfire exposure ( a great initial move)and rev up-surely they have some heads left in business development or have they all joined Owen?
Cheers, TAS
OZL Price at posting:
$5.89 Sentiment: None Disclosure: Not Held