OZL 0.00% $26.44 oz minerals limited

Martabe @ 7cProm Hill @ 50cTorro @ 1cso we are looking at 57cthe...

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    Martabe @ 7c
    Prom Hill @ 50c
    Torro @ 1c

    so we are looking at 57c

    the chinese seem to have got the all the other projects - gg, sepon etc for $1.1bn

    ie is if the sale of assets covers debt

    so in the end the chinese got $4bn worth of assets for $1bn

    that $1bn will go to oz minerals and they will use it to pay down debt.

    it is a pretty good deal for the chinese in the end $4 worth of assets for $1




    Operations $ c/share

    Sepon Gold 21 1
    Sepon Copper 1323 42
    PH 1566 50
    Golden Grove 224 7
    Martabe 231 7
    Century 1840 59
    Rosebury 221 7
    Dugald River 157 5
    Avebury 200 6
    Apex Minerals 3 0
    Minotaur Exploration 1 0
    Royalco 2 0
    Toro 25 1
    Nyrstar Holdings 32 1

    Total operations 5848 191

    Cash 405 13
    Debt (1128) (36)
    Corporate & 'other (248) (8)

    Net Total 4877 160
 
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