Also, what are the chances of selling off 30-40% of PH and between the 2 clearing off the debt?
Unsure what PH may be valued at. Some say $2b, so, you would think selling off 30% for approx $600m should provide them with the breathing space they need.
And to think we were all talking about a $3b potential acquisition only a few months.
It seems the price of copper over the past 2 months has really dented cashflow.
But, i'm an optimist and believe we will see this period off.
OZL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
