OXR oxiana limited

Dugald river is meant to come into production in late 2011 (see...

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    Dugald river is meant to come into production in late 2011 (see page 86 of the scheme booklet), but the CEO has said that it could be delayed if the zinc demand / supply situation is not favourable to bring it on stream. (ie the company will limit supply of product to keep the price high). Both campanies alone could not do this (ie limit supply), but as a merged group, they have enough projects coming on stream to hit the ones that give the best return to shareholders and let others lag, thereby maintaining high prices by limiting supply.

    Sounds good to me !!!!

    HT1
 
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Currently unlisted public company.

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