In my opinion, OZL has similarities with what's going on with...

In my opinion, OZL has similarities with what's going on with WHC. Sure it's different commodities, but they both have suffered reduced operating margins from existing operations, and they both have new projects to develop that will be critical to future earnings. WHC is further down the road than OZL, but what does that indicate for OZL's future share price.

I see capital raisings for both companies as they develop these projects. If that's the case, in OZL's case, it'll be tragic given the capital management of the previous few years.

It's just my opinion, and do your own research, but I'll be watching very closely to see how it plays out. My personal investing experience with small to medium mining companies developing medium to large projects has not been good.