Ann: Sale of Cambodian Assets , page-4

hey EL my sparring partner
is ok guys we bowl together :-)

No worries mate I'm with you.
It is classic asset management – concentrate on your strengths and remove any distractions.

I just hope the bigger investors don't start slowly but surely leaving OZL.
The problem that in my opinion OZL seems to come across or have for there size at the moment which is a small "growth company" they seem not really sure what to do with there money and If I'm feeling it almost to the point that if I was a holder I would be thinking of selling, I do wonder how many others feel it. Share buyback is ALWAYS preferable to capital returns (THE WORST) or increased dividends imo capital returns and huge dividends just sends a message that a growth company doesn't know what to do with all of this money so we'll give it back to you so you can go out and buy PNA :-) or someone else's shares who have some idea of how to utilise investors money. Cos god help us, we don't!

If I wanted bigger dividends there's 100 companies miles better than ozl to be in.

A PH 2 and C is great BUT my thought is that it seems to be taking forever to find a 2nd PH (maybe there isn't one) and that no matter how soon they think C will be up and running they might want to extend the date out by at least 12 months - these types of projects never seem to run on schedule and absolutely never on budget
so how long are they going to sit on their war chest?

Just some thoughts to ponder EL and holders.