TB has always stated that he has yet to see the true exploration upside being realised by SFR and is dissapointed with the lack of additional exploration success over the last couple of years. Maybe he should look to his own exploration program before bagging others.
Back to his comment...this makes absolutely no sense from an OZL POV and I can see why shareholders are frustrated.
If he believes that SFR has no additional exploration upside then he needs to act on the 'so-called' inflated price and sell. As mentioned, he should have no trouble finding a buyer.
If he believes there is upside, then buy before the upside is realised. The price will only go up and will become too expensive.
It's no wonder OZL holders are screaming.
I'm an SFR holder and I would love OZL to make a decisive decision with regard to SFR. ATM, they have purely become a blocking stake.
OZL Price at posting:
$6.77 Sentiment: None Disclosure: Not Held
