Look at peers KZL, PEM, IGO (actually outperforming now because of the BB, which OZL should have done if they were smarter) - all down 50-60%
LME are being crapped on and offshore hedgie redemption selling is out of control.
If you believe the commodities story then there's some serious $$ to be made buying in this bear-stricken market. If not, best to keep out of the line of fire because there could be a lot more pain to come.
OZL Price at posting:
$14.25 Sentiment: LT Buy Disclosure: Held
