OZL oz minerals limited

Ann: OZ Minerals June 2013 Quarterly Presentation, page-8

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    re: Ann: OZ Minerals June 2013 Quarterly Pres... Thanks for that acronym decode HT1

    In other words they are making an operating cash profit of approx $1 US per lb in this "tough qtr"

    They are then able to claim a statutory loss thanks to DD&A and pay no tax. If that is as "tough" as things get and things improve from here that will be handy.
 
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