Ann: OZ Minerals June 2013 Quarterly Presentation, page-7

re: Ann: OZ Minerals June 2013 Quarterly Pres... Szaba,
DD&A is short for Depreciation, Depletion and Amortization.

It is not a cash cost, but reflects the what needs to be set aside if reinvestment is required. Companies can run cash profits for extended periods, and still report a loss on the P&L.

Malu u/g had some nice grades come up. They expect to start mining that area next year.

TB made the comment a few times that this was a "tough qtr".

In answer to a previous post - strip ratio this year is 10:1, next year is 6:1, following year is 3:1.

HT1