tp, OZL just did a game changer with the purchase of Carrapateena. I suspect that it will sit on it's SFR stake now because it has a growth profile w/o SFR. the urgency to "do a deal" has totally gone.
BUT
OZL still has the cash to do a SFR t/o if it so wishes at a time of it's choosing or it can just hold onto it's stake.
I suspect that OZL will let SFR get to production, wait for a significant market correction (it will occur) and do an "opportunistic" purchase (as boards call them).
From a SFR perspective, I would be interested in your thoughts.
HT1
OZL Price at posting:
$15.75 Sentiment: LT Buy Disclosure: Held
