ann out nc, page-18

This is my read on the results - basically nothing ! I believe the CEO will look to expand by growth as thats about the only way the top line will increase. The Zinifiex contribution was rather good, but thats really before the sustained crash in prices. My view is that this stock will run sideways until some corporate action takes place ie a takeover by OZL, not for OZL. So my tip to make money is look for a producer that is short of cash - I reckon thats what OZL is looking at right now.
How low can it go - I think you'll find short sellers will have a field day with this stock.
ps I agree 100% with the decision not to go ahead with a buy-bacl - too short term.