OZL 0.00% $26.44 oz minerals limited

what do we say now, page-9

  1. 3,059 Posts.
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    Rogan,

    I agree with you, i have been looking at buying them until i found out about the debt, also Century is burning about $200 Mil in cash at these metals prices, and it is going to cost more than that to shut it down. I think they are probably cash flow negative right now as they are losing money on other mines as well as shutdowns etc, they are in big trouble and i think the smart money knows it, hence the extra savage sell off.

    Anyway only time will tell if they make it through ok.
 
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