Article written about the...

Article written about the AGM:

http://news.smh.com.au/breaking-news-business/oz-minerals-defensive-about-share-price-20130528-2n9c9.html

Two things from the article:

"There is also uncertainty about where the ageing single-mine company's future production is coming from, although Oz Minerals says it is confident of extending its Prominent Hill's life to 2030."
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2030 seems alright- hopefully there is still some good copper left.

But this also:

"More doubt about Carrapateena was created when Mr Hamilton revealed the board had decided on Tuesday to delay building an exploration decline there until further studies and testing had been completed."
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Uncertainty not good for OZL now. I note copper futures are holding @ $3.31. With aPE/r of 7.80, it has no growth expectations. They really need to move forward with Carrapateena, given they bought it... but $3b to develop.

OZL is a long long story.