OZL 5.27% $15.97 oz minerals limited

how long can we survive for

  1. 13,594 Posts.
    lightbulb Created with Sketch. 4

    we have
    $1.2 bn in cash
    $900m in interest bearing liabilities
    and we are starring down the barrel of a $40m lose

    I reckon we could survive for 30 years maybe

    $1.2bn cash/$40m

    please check out the calculations

    @ a rough guess we owe about $72m in interest ie 8% of $900m

    based on figures from the quarterly report
    Gold will bring in about $24m
    copper $240m
    zinc -$180m
    nickel -$52m

    total = $32m

    subtract the interest = -$40

    I reckon we going to lose $40m this year




 
watchlist Created with Sketch. Add OZL (ASX) to my watchlist
(20min delay)
Last
$15.97
Change
0.800(5.27%)
Mkt cap ! $5.290B
Open High Low Value Volume
$15.40 $15.98 $15.13 $39.68M 2.521M

Buyers (Bids)

No. Vol. Price($)
1 2045 $15.95
 

Sellers (Offers)

Price($) Vol. No.
$15.98 15911 4
View Market Depth
Last trade - 16.10pm 22/10/2020 (20 minute delay) ?
(live)
Last
$15.91
  Change
0.800 ( 4.78 %)
Open High Low Volume
$15.48 $15.98 $15.14 290168
Last updated 15.59pm 22/10/2020 (live) ?
OZL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.