re: Ann: Quarterly Report Presentation - Dece... My thoughts on...

re: Ann: Quarterly Report Presentation - Dece... My thoughts on the Quarterly Report.

A good, solid report. Not fantastic, just good and solid

Cambodia exploration hasn't gone that well for Ozl.
Copper production a little lower than expected.

Exploration results around PH look good
Momentum gathering on other exploration projects around PH, Mexico, Chile and at Cobar
Gold production better than expected
Cost of production fantastic

Concerns for me include:
- Not sure what we are doing with SFR. Has been good investment but not sure if we have any plans or strategy around it
- Typos etc in report. Whilst this may be seen as nitpicking, I think it reflects on quality
- Cambodia not looking good. Had high hopes there, but not living up to them.
- No mention of forward strategy (perhaps this quarterly report is not the time or place for it, but I think last year they announce some strategy in this report.

These are my initial thoughts and I look forward to discussion.

Regards