OZ minerals take up $20 mill in shares @ $1.30 i make it re 11% or so dilution, s/p finished day @ $1.43. Just need more good drill results and we are off again.
OZ minerals take up $20 mill in shares @ $1.30 i make it re 11% or so dilution, s/p finished day @ $1.43. Just need more good drill results and we are off again.
Where do you see OZ Minerals took up all those on their own ?
The ASX Announcement suggests they along with a group of Sophisticated Investors took up approx 15.4 mil shares.
OZ Minerals' block would be a smaller portion of the total - wouldn't it ?
Macquarie wasn’t impressed with OZLs recent results.
Aeris AIS had a shocking quarterly out a few days ago AISC shot was up basically losing money taking it out of the ground.
am extremely happy with my only copper holding Sandfire. Their presentation a week ago was excellent, diesal cost pressures but ahead of target production and reaffirmed guidance, firing on all cyllanders and will get the keys to MATSA and begin big Spanish exploration in a few days, exciting times.
Chile has taken a tiny, but symbolic step towards nationalising some of the biggest copper and lithium mines in the world – a move, that if it ever happened, would damage the likes of BHP and Rio Tinto, directly, while boosting them and other Australian companies mining both metals, and Australia as a whole.
“Instead of thinking “I’m right”, ask yourself “How do I know I am right?” Find the smartest people to disagree with you so you can stress test your ideas.” Ray Dalio
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Originally Posted by Joshuatree
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