ozl ground position, page-12

No worries HC42.

On another matter:

My brother-in-law does company asset register audits and recently did Olympic Dam for BHP. He was saying that the restrictions due to the Uranium mining and processing are so great that when a piece of equipment is finished it's life, the rules around the removal of the dirt and the decontamination are so comprehensive, that it is cheaper for BHP just to drive them to a dump site a few kms away and leave them there, rather than selling them for scrap.

When OZL develop C, the decision on what to do with the U will be interesting. Potentially they could leave the U and Gold in the concentrate, then sell to BHP at O Dam who can then extract the components. i.e BHP do the TC/RC processing for C. OZL already has an agreement that O Dam receives some of the P Hill concentrate. Maybe C can extend this relationship.

HT1