OZL oz minerals limited

Ann: Bidder's Statement, page-20

  1. 1,574 Posts.
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    Of course AVN holders would like a better price. Maybe someone - Anyone! - could over-bid OZL and send even moar money their way. But the conjecture and flaming abuse flying around on this forum cannot create a higher offer.


    The button-down white shirt OZL put up a good cash and stock deal. It is able to because it ran a tight ship, limited distributions and put the money in the bank - rare qualities among miners.

    Few miners have a lazy $500m to top OZL's bid. Then they face big capex to realize AVN's potential.

    IMHO, this deal will go straight through. We will know 15 May.

    GLTAH DYOR

    Ash
 
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