OZL oz minerals limited
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April 18 (Reuters) - Alliance Aviation Services Ltd (AQZ) OZ...

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    18/04/17
    11:45
    Post #: 24111201

    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.
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