Tuesday, April 19, 2005 OZ MINERALS LIMITED Copper and gold miner Oxiana intends listing in the United States by the end of the year with the aim to boost its market capitalisation to between USD3 billion and USD5 billion within three to five years. Australian Associated Press reports Oxiana managing director Owen Hegarty as saying that if the miner wanted to be taken seriously by the global investment market it had to increase its market cap from its current AUD1 billion. Mr Hegarty said about 5% of Oxiana's share register consisted of US investors, compared to around 15 to 25% of a comparable company.
(See Australian Associated Press:
Oxiana looks for listing in the US to boost market cap)
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Tuesday, April 19, 2005
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