OZL oz minerals limited

West Musgraves - a big prize

  1. 9,234 Posts.
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    Hi everyone, sorry I am Not a holder of OZL but I have a vested interest in the outcome of this transaction. $20 million in fact. But I’d rather stay on the topic of OZl large land holdings in the West Musgraves. Not sure if many of you are aware of large number of outstanding applications for exploring tenements that OZL also has in the West Musgraves. If all are granted, that would increase OZL holdings almost 4 times. This area is now considered to be a polymetallic, given its known volcanic past. They believe the area was once home to super-volcano. New evidence is starting to emerge about the possible metals to be found are emerging as the results of exploration by CPN (Caspian Resources). So far from surface anomalies, Au, Cu, Ni, Mo and Pd. You can see the application areas for the exploration tenements of OZL on page 14 of CPN’s annual report released yesterday, the probably pinched it from one of your reports. I believe this area is big prize with enormous potential.

    Anyway, good luck guys I think $30 will be on table and we CPN holders can then bank $20m to pour into more exploration.
    https://hotcopper.com.au/data/attachments/4841/4841274-fb346fc50c345b149dac968c7a5799e6.jpg


 
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