re: Ann: 2012 half year financial results ann...
GOOD
23% profit margin NTA per share increased Ankata feed is now being used Full production at Ankata by end Sept Rumania not at the fore front of their minds. (Read off the radar for good)
BAD
Forecast C1 cash cost revised up Dividend less than expected Underlying NPAT $70m or 36% less than June 11 due to lower revenue and higher costs
UGLY
Share market reaction
UNFORTUNATE
Receivables were $120m > June 11 ==> impacts on cash flow High waste stripping and reduced copper mined Paid $6.4m in cash tax in June
HT1
OZL Price at posting:
$7.37 Sentiment: Hold Disclosure: Held
