carrapateena decision ??, page-8

I hope OZL is the bride and not the bridegroom in getting C.

The commentary is that there is strong competition from other companies. BHP could be one - they are aware of declining copper grades at Escondida and RIO could be getting a jump on them with Oly Tolgoi. Some Chinese companies are also in the race and they have deep pockets.

We have to trust that management will not overpay but also not let the opportunity pass.

We also need to remember that the best thing OZL can do for it's share price is to find another P Hill nearby.

It may not be as exciting as a new mine, but it will be much more value acretive.

HT1