OZL oz minerals limited

Rogan,I agree with you, i have been looking at buying them until...

  1. 3,146 Posts.
    lightbulb Created with Sketch. 140
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.