OXR - Oxiana Limited

[Knobby22]

Look, im not saying that the chart doesnt look shocking - it does! We all have eyes
But, price of copper is recovering, great P/E, takeover target, and actually earning $$ and good $$ too.
When the AGC takeover is complete (currently 43% done I think), then I think we might see a bit of a recovery of the sp.

Brad

Hey, your looking at the fundamentals!

 

[BradK]

Hey, your looking at the fundamentals!

I must be the only one LOL

 

[Halba]

Not many ppl convinced as to this co....

Reasons: obvious dilution from AGC deal, copper price strength who knows how long it'll last?

 

[Mofra]

Another factor to take into consideration is the upcoming dividend - traditionally stocks see some support CD, especially on a mining stock that normally pays a paltry dividend.

 

[Out Too Soon]

It's still a paltry dividend. What really amazes me about OXR is the HUGE volumes that are traded every day often for little sp movement. A favourite of the CFD traders I beleive.
I hold Oxiana & beleive it's a great investment, I'd love to see them start paying Zinifex type divs tho.

 

[Seneca60BC]

Look, im not saying that the chart doesnt look shocking - it does! We all have eyes
But, price of copper is recovering, great P/E, takeover target, and actually earning $$ and good $$ too.
When the AGC takeover is complete (currently 43% done I think), then I think we might see a bit of a recovery of the sp.

Brad

Hey Brad

I think your right, SP picked up quite well today.

 

[legs]

Oxiana is another name for the region around the great river Oxus, which is in today's Central Asia. Real Australian...lol..pmsl

 

[mmmmining]

Believe it or not, OXR could be ahead of PNN in producing uranium. Check this out: I quote: (from http://www.uic.com.au/pmine.htm#prominent)
------------------------------------

Prominent Hill, SA

As of August 2004 an inferred resource of 97 million tonnes at 1.5% copper, 0.5 g/t gold and 103 ppm uranium in the upper chalcocite. In deeper chalcopyrite, uranium runs to 120 ppm. This gives less than 10,000 tonnes U, with unknown mineralogy and hence uncertain recovery.

 

[exgeo]

Yeah, a paltry 10Kt of Uranium. Never worth the bother of finding out how to extract it from rock that you'll be processing anyway to get the Cu/Au. The Uranium is worth only 2.2Bn USD at current prices. I'll do you a favour mate, and swap it for my secondhand falcon.

 

[mmmmining]

Yeah, a paltry 10Kt of Uranium. Never worth the bother of finding out how to extract it from rock that you'll be processing anyway to get the Cu/Au. The Uranium is worth only 2.2Bn USD at current prices. I'll do you a favour mate, and swap it for my secondhand falcon.

Only if your Falcon is made of 100t gold!

 

[legs]

Nicely up a little today....whats it going to take to see a big move in this...???

 

[Kimosabi]

Nicely up a little today....whats it going to take to see a big move in this...???

It'll happen the day after you get frustrated enough and sell out..

 

[Rafa]

yeah, spot on...
thats the only reason why i haven't sold yet...
been holding since $1ish...

with the recent take over activity,
plus the possibility of Uranium now in OXR's portfolio of assets...
i am holding this one for quite a while yet..

 

[YELNATS]

Nicely up a little today....whats it going to take to see a big move in this...???

Reminds me of Joe's June '04 post on OXR "What will it take for it to break through $1?"

 

[exgeo]

OXR has two interests in Uranium after that wrapup of the Agincourt (AGC) takeover. 57% of Nova Energy (NEL) and also the Prominent Hill deposit. Let's hope they jump on the Uranium bandwagon!

 

[Sean K]

OXR has two interests in Uranium after that wrapup of the Agincourt (AGC) takeover. 57% of Nova Energy (NEL) and also the Prominent Hill deposit. Let's hope they jump on the Uranium bandwagon!

I like that they're diversifying a bit more and reducing their commodity risk to copper and gold. Perhaps they'll pick up a nickel and zinc player too soon. Maybe iron ore and oil? Hegarty might just turn this into a mini BHP or RIO if he has his way. Just needs the market to stay steady short term so he keeps his cash flow to be able to complete any deals.

 

[j4mesa]

Hi Sean,

actually, roughly oxiana produce 50 % copper, 40 % zinc and 10 % gold....
I read that somewhere but just could not recall from where it is..
correct me if I am wrong....

 

[Sean K]

Hi Sean,

actually, roughly oxiana produce 50 % copper, 40 % zinc and 10 % gold....
I read that somewhere but just could not recall from where it is..
correct me if I am wrong....

I can't find the % 's but I've only ever heard of it as a copper/gold company. Laos is copper/gold, Prominant Hill is copper/gold, QLD is primarily gold exp, work with Minotaur is IOCG and maybe U, but Golden Grove looks primarily zinc by the looks, with Cu, Au, and Ag.

 

[Sean K]

This helps from one of their presentations:

 

[j4mesa]

there we go....the oxr revenue graph

oh sean,btw thanks for your reply regarding the announcement.