good news announcement just out, page-2

We should be mindful of putting this into context. P Hill sells 100,000t of Cu per annum. This announcement only adds 2.5years to the production schedule. While any increase is good news, OZL really needs an announcement of an increase in 10 years worth of resources.

Analysts are assuming a mine life of only 10 years. While ever the company has a use by date stamped on it, it will not trade much above a p/e of the mine life.

That being said, there is still significant

HT1