OZL oz minerals limited

michelmore still persisting with century, page-23

  1. 32 Posts.
    I performed some quick calculations for 2009 revenue using September quarterly figures, current spot prices and 2009 estimates. Figures are in $AUD.

    Century = $908m (35%)
    Prominent Hill = $594m (23%)
    Sepon = $398m (15%)
    Golden Grove = $368m (14%)
    Rosebery = $259m (10%)
    ----------------------------
    Total = $2,529B

    So even at current spot prices, the Century mine still creates about 35% of OZL revenue. That's too important to shut down, especially if it can be run at a marginal profit/loss.

    Interestingly, with copper prices declining signifcantly since mid-year, we are still a majority zinc producer.

    Zinc = $1,086B (43%)
    Copper = $933m (37%)
    Gold = $294m (12%)
    Lead = $129m (5%)
    Silver = $85m (3%)

    I have included gold, lead and silver as part of the revenue stream, even though they are considered credits in some cases.
 
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