3rd qtr report..seems to look good, page-17

I use those figures because it gives me an indication of the profit that the company will get without having to adjust independently for depreciation, amortisation, capital expenditure.

Yes when anaylsists look at the numbers they are added back in to get the cash generation etc.

The extraordinary items like writedowns of investments also are added back in.
The extraordinary items which I think you are talking about pre-strip etc are part of the capital costs for the project. Technically they aren't extraordinary costs in the accounting sense, they may be one off but it still flows through into depreciation/amortisation over the life of the mine.

We'll agree then about the upgrades/downgrades, will you give it 2-4weeks for the models to be updated, reporting to be complete for miners?

I note Credit Suisse and Deutsche have issued reviews/reports in the last 2 days. Credit Suisse uses commodity price forecasts well above current spot prices (though are currently under review) and if spot prices were factored in earnings would come in well below current expectations.

I have yet to see Deutsche's report just the valuation at 1.35 and a hold rating. I'm sure they were a buy and had a higher price previously.

I usually get updates from FNArena broker call so will follow them there. But they don't seem to cover Huntleys, Wilson HTM and a few of the smaller ones.

Here is the image of earnings forecasts for OZL and EPS median is 5.1c a share. It used to be around 15c a share