METAL DETECTIVE

OZ two-up a good bet

AUSSIES love a bet and there is not much better punt at the moment than OZ Minerals. It is an all-or-nothing gamble on whether the debt-burdened miner can get its Chinese rescue over the line before going broke. <b><i>The Metal Detective</i>, by Stephen Bell.</b>

Stephen Bell

With the vultures circling, Melbourne-based OZ unveiled its stay of execution – the $A2.6-billion offer from China Minmetals – in mid-February. Having been locked out of trading since late November,...

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