Credit Suisse: Keep an eye on Oz Minerals

Credit Suisse: Keep an eye on Oz Minerals. Credit Suisse Analysts say that the market has not yet attributed any value to Oz Minerals (ASX:OZL) Carrapateena copper-gold resource and the Chinese endorsement of PanAust's Frieda River copper resource should now throw the spotlight on the potential value of Carrapateena. The analysts say that whilst there would be regulatory challenges if a Chinese State Owned Enterprise (SOE) acquired Oz Minerals because the Prominent Hill Asset is located in the Woomera Military Area. The [situation] would not prevent an SOE from acquiring OZL for the unrestricted Carrapateena, and then committing to the sale of Prominent Hill and potentially liquidating OZL's Sandfire stake.


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