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DRYBLOWER
Dryblower: BHP needs to offer more to win OZ
HISTORY, and BHP’s own optimism about the future of battery metals, are enough for <i>Dryblower</i> to believe that its bid to acquire OZ Minerals is not guaranteed to succeed.
OZ shareholders are likely to agree with a suggestion that the offer needs to be more than the A$28.25 on the table, or they will vote it down. The first obstacle for BHP to clear is the copper price...
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