Mark10,
Problem is ZFX (now OZL gosh old habits) has sold a fantastic asset to get cash, and this cash just can not sit around doing nothing waiting waiting.....
Right now prices for some companies are not over the top....look at MCR, MRE high for 12 months.
With problems in WA due to gas supply issue now is the right time to strike in my book and then add to "OUR" share price growth...this is best way to fend off XTA or Teck who might think to takes us out while Zn is on it's 2.5 years lows. If OZL can get share price baack to $4.50+ in 12-15 months time this will make it harder to buy us out.
Cheers
Muzz
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