Hi all, Yes MX - an excellent performance from OZL today. I will listen to the analysts presentation soon and come back with some more info, but my initial take ways are
1. C1 at 56.1 cents - excellent 2. Ankata decline is backtracking through the Munda zone and into the Malu deposit. This opens up a whole lot more years of mining potential. 3. Final pit design has resulted in more over burden removal. Not good, but better than a wall collapse - it is what it is. 3. My previous post of concentrating mainly in Aust occurred (I am amazed I got that right)
Not from the report, but from my own spreadsheet. mine profit was $221m us for the qtr and $429n us for the half year. What a cash cow !!!!!!
HT1
OZL Price at posting:
$13.32 Sentiment: LT Buy Disclosure: Held