Ann: OZ Minerals December 2011 Quarterly presenta, page-10

re: Ann: OZ Minerals December 2011 Quarterly ... Welkin,
Absolutely agree.!!!

Still have not heard the webcast, but my comments on the Qtly report are:-
1. Results from Carrapateena drilling in Feb - less than 6 weeks away - good news.
2. plant is running at 25% above name plate capacity - good news.
3. Tonnes guidance has not altered - good news, C1 are going up by 42% - bad news, but explainable
4. Ankata grade will be about 2.5% copper, (good news). That sort of grade could provide upside to the tonnes guidance.
5. DJ_420 can correct me here if I am wrong, but the way the drill results are being reported for the Kalaya zone, it looks like a Gold Mine to me. (Depends on the total grade of the area to determine whether it will be economic to mine - I think the jury is out on that one)
6. Good results from the Ankata drilling pgm
7. Cambodia assets are still on the cutting board. Just following process. I expect them to be sold.

All up - a "steady as she goes" report. Progress on C and near mine drilling.

Will post some more when I listen to the briefing