re: Ann: Quarterly Report Presentation - Dece... HT,Don't mind...

re: Ann: Quarterly Report Presentation - Dece... HT,

Don't mind being taken to task by you, as it is usually constructive discussion.

I agree with you that OZL has done very well over the year. I was expecting a little higher for copper production for the quarter just gone, not cumulative over the year. I think in one of your earlier posts you thought they would announce production of about 30,000 tonnes of copper, which I agree with. They announced about 25,000. Still a good result but not as high as I (or you in post 6213447 on 19/1/11) expected.

So don't get me wrong. It was as I stated a good, solid report. Perhaps I should have said "steady as she goes" report but the exploration results (Cambodia apart) make it a lttle better than that.

There is always room for improvement

BTW I agree with you and others, in keeping hold of the cash, resisting dividends and buy back and impromptu purchases.

Regards

PS sorry to quote you back to yourself. Don't you just hate it when people do that? As least I take note of what you say because I value it!