No this is a shocker.
Performance for 6 months to June 08:-
OXR profit $72.2M
ZFZ loss $1.4M
Operating cash flow:-
OXR 63.8M
ZFX 18.6M
As you can see at current metal prices this company is losing money based on its existing mix. Only PH can save it if copper holds up.
NET CASH IS NOW $316M. ie cash balance less debt
SHOCKER!!!
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