Heggarty says"PH is on track to start prodn by X'mas, and at...

Heggarty says
"PH is on track to start prodn by X'mas, and at that point life will change for OZ. "

never a truer word spoken

but I think we have to jump across a large moat at the moment to get there


at the moment the only profitable mine is sepon copper and the costs of ramping up PH to full on production are probably going to be large.

Avebury, is a drain; TOE just cost us $12m or so and Century is sucking life out of us.

My biggest worry is that we may have to go into debt to get to PH
debt is always a worry

Or we could be looking at a capital raising.