OZL oz minerals limited

News: OZL Alliance Aviation Services says existing contract to Prominent Hill will conclude

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    April 18 (Reuters) - Alliance Aviation Services Ltd (AQZ)

    • OZ Minerals has provided notice that our existing contract to prominent hill in south australia will conclude on 11 August 2017.
    • With flights continuing until 11 August 2017 there will be no impact on Alliance's FY17 financial results
    • Contract also provides alliance with a significant exit fee to further offset any future financial impact.
    • Revenue arising from contract during last 12 months was 5.8% of total revenue and had been forecast to reduce significantly in FY18.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.