OXR oxiana limited

merger benefits

  1. 5,867 Posts.
    The first benefit is critical mass in terms of getting further on the radar for international investors.

    Second is head office cost savings including metals marketing, accounting, etc.

    The third, and the most attractive IMO is that ZFX has a few projects ready for development-Dugald River plus the Wolfenstein(?) projects acquired earlier last year, but is lacking in a highly skilled project development team. The OX has that team and should become evident post Prominent Hill completion later this year.

    The other projects OX has up its sleeve include the gold project in Indonesia and comparatively simple project extensions at Sepon and Golden Grove. The ZFX developmental assets are bigger and in 'lower risk 'regions-Australia and Canada compared to Indonesia and Laos.

    Looks like one and one makes three in this long awaited scenario.

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