OLY 0.00% 4.0¢ olympio metals limited

on my watchlist I've got a soft spot for the mineral sands...

  1. 296 Posts.
    on my watchlist I've got a soft spot for the mineral sands plays.

    I suspect that titanium minerals and zircon will have more stable outlook than base metals, and will probably hold their price for longer during any commodities down-turn.

    OLY has some solid projects, but they are strapped for cash, and have a looming overhang of 25c oppies expiring 30 June 2006. One suspects that they will have to raise cash by bending over and taking a savage discount on an underwriting deal.

    They could be worth a look if you can get them cheaply enough in the next few months.

    R/happy
 
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