ann out dividend 4c fully franked , page-4

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In total, mark to market pricing adjustments and the effect of the stronger Australian dollar reduced EBITDA by $128.4 million and NPAT by $101.4 million. Normalising for these effects, Oxiana’s underlying financial performance was ahead of the first half of 2006 A further impact on NPAT was the Lao tax rate which has increased from a concessional rate in the previous corresponding

The Company’s cash position increased 27% to $502.3 million on the first half 2006 but has decreased from the position at the end of 2006, primarily due to accelerated capital expenditure at Pmroinent Hill. The balance sheet is strong and cash positive.
Oxiana’s Board has declared an interim dividend of 4 cents per share, fully franked – a 33% increase on the 3c unfranked dividend in the previous corresponding period. The dividend is to be paid on 4 October 2007 to shareholders registered on 20 September 2007.

Oxiana’s Managing Director and CEO, Owen Hegarty, commented on the results, saying, “ThisOxiana’s This is a very solid first half result for Oxiana.
“Cash-flow was particularly strong enabling a 4c fully franked interim dividend to be declared. “Oxiana’s prior guidance on production and costs remains unchanged across all commodities and we see a strong second half ahead.”
woooooooo hoooooo divvy fully franked...We drink again..hhehehehhhehhe

cheers mx.