Ville,
My position not changing, but you may be finally noticing that it is nuanced.
I have always accepted there is risk of OZL failing to achieve its goals through the current strategy (and I would say the odds of that failure may have increased substantially)
I however have consistently rejected your criticism of the company for not having gone on another mega maniac spending spurge, or for having failed to achieve the impossible, eg to find a value enhancing asset in today's copper asset market.
My preferred copper play post GFC has been PNA, however I added a smaller amount of OZL to diversify my risks from Laos, and only after I established that Burgess was unlikely to go for foolish M&A. I believe OZL is currently a well run copper mining company, which is not to say that it is proving to be a good investment.
EL
- Forums
- ASX - By Stock
- vindication
Ville,My position not changing, but you may be finally noticing...
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online