re: Ann: Quarterly Report for the Three Month... HT
Thanks for your response. I was surprised not to see one in OZL quarterly so asked the question.
Oxiana and Zinifex had several operations therefore providing a cash flow statement would of been more cumbersome.
In a one mine entity it certainly gives a great overview of the operation and its ability (or lack of) to build cash reserves.
Anyone else know how this reporting standard applies?
Certainly a great Quarter for OZL C1 costs at $0.63 is impressive. No reason why some of that Cash shouldn't be returned in either a dividend or Share buy back IMO.
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