OZL 0.00% $26.44 oz minerals limited

Ann: Prominent Hill 2011 Mineral Resource Ore Res, page-8

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  1. 13,988 Posts.
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    re: Ann: Prominent Hill 2011 Mineral Resource... Dasa,

    Indeed the 2nd Law is a formidable enemy for any would be long term investor, in anything.

    HT,

    Well we've already seen the damage wrecked by egos at OZL/OXR once, hopefully immunisation lasts a bit longer than 5 years from 2008. It was a pretty hefty innoculation so here's hoping.

    As for mine life, indeed it's still a pretty hefty resource, for hopefully high conversion to reserves - no idea what a fair expectation would be for conversion? plus of course not such a maturely explored area that substantial resource additions can yet be ruled out.

    EL
 
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