OZL 0.00% $26.44 oz minerals limited

us cash, page-70

  1. 91 Posts.
    Just to add to your post
    Cash in A$ 1004.5 million as 30/6/2009
    plus sale of Martabe 25/06/2009 US$217 million
    Therfore OZL should have in excess of US 1 billion
    depreciating at 11%
    plus the loss of interest differential approx 3.5% between
    US and Australia
    Equals net loss of 14.5 %
    roughly A$12million per month
    Will Prominent Hill make "NET" A$12 million a month
    comments are invited!
    Remember my caculations are only a guide!
    The longer we get no action the greater the pain!!
    jayc
 
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