june 2011 - quarterly review, page-4

Hi all,
Yes MX - an excellent performance from OZL today. I will listen to the analysts presentation soon and come back with some more info, but my initial take ways are

1. C1 at 56.1 cents - excellent
2. Ankata decline is backtracking through the Munda zone and into the Malu deposit. This opens up a whole lot more years of mining potential.
3. Final pit design has resulted in more over burden removal. Not good, but better than a wall collapse - it is what it is.
3. My previous post of concentrating mainly in Aust occurred (I am amazed I got that right)

Not from the report, but from my own spreadsheet. mine profit was $221m us for the qtr and $429n us for the half year. What a cash cow !!!!!!

HT1