long trend down, page-8

An article was in the Fin Review yesterday outlining that OZL would be the second most effected mineral company on the ASX if a full blown banking crisis hit the Euro Zone.

The reason that was suggested is that they onsell a lot of their product to the Euro Zone.

I would say that this has also affected share price. Natalie Worley was quoted in the same article saying that it would have no impact as the organisation in Europe that purchases the product merely acts as the middle person and the product is onsold to Asia.

She also stated that the Ore is probably the best on the market and they wouldn't have any problems finding other buyers.

On an even brighter note I met a person about a month ago who was a mining financier and geologist who new a thing or two about Carapateena. He was very positive on OZL's prospects in relation to Carapeteena and I for one am looking forward to drilling results their later this year and into 2012.