OZL 0.00% $26.44 oz minerals limited

when does the patience of the banks run out?, page-24

  1. 18,279 Posts.
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    Hi Dasa

    All I'm saying is that Oz have entered into a deal with MM that, by my reading, seems to preclude asset sales other than GG and Metabe. And the sale of GG and Metabe, should they happen, will see the majority of the proceeds flowing into MM's coffers in any case.

    In other words, asset sales are not a panacea, assuming Oz want to keep the MM deal alive (and avoid the $25m break fee).
 
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