OXR oxiana limited

macquarie ups oxiana's 2006 earnings a$55m Macquarie Research...

  1. 6,669 Posts.
    macquarie ups oxiana's 2006 earnings a$55m Macquarie Research ups earnings estimates for Oxiana

    (OXR.AU) by just A$1 million to A$61 million for 2005, but more significant A$55 million

    to A$151 million in 2006, A$24 million to A$96 million following year as result of A$265

    million purchase of Golden Grove zinc-focused mine in WA. Maintains Outperform rating,

    A$1.05 12-month price target, vs last down half a cent at 93 cents, pointing to expansion

    potential at flagship Sepon mine, development Prominent Hill project
 
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Currently unlisted public company.

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