Sounds reasonable. We are now a one-mine company with some exploration assets. No need at all for opulent head office in Melbourne etc - a small, suburban place in Adelaide for bare minimum of admin/treasury and most management on-site at PH is all that's needed. Must not forget that if political issues hadn't reared their head we would have been looking at 82.5c plus upside if competing bids materialised.
OZL Price at posting:
$6.60 Sentiment: None Disclosure: Held
