re: Ann: Quarterly Report Presentation - Dece... Here's the link to the Indigenous employment article:
http://www.adelaidenow.com.au/ipad/cappo-mining-can-show-it-cares/story-fn6br25t-1225992588955
Nice to see an ethical company that has a real Indigenous employment program.
Re OZL's massive amount of money, we need to remember that there is a class action pending. JMegL mentioned that article suggesting that OZL may develop a corporate bond- could be worse. I may even buy into one if it paid interest as high as Healthscope's CB (11.25%, I think, over 5 or so years). I'm sure OZL would be good for it. With the class action pending, we need every cent we can get, I think. Returning cash to shareholders via a capital return or big dividend, and then doing a share purchase plan at a discount to raise funds to pay for a class action- to me, that doesn't make sense. We need to see what the costs are (if in fact OZL is liable), pay those costs, and then move to capital management issues.
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re: Ann: Quarterly Report Presentation - Dece... Here's the link...
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