review ozl oz minerals limited mineral resourc, page-3

Hubris,
Total gold reserves 'proved' (p15 of Ozl Reserve statement) 11.5m tonnes at 30 June 2011. due to the changing exchange rate that has to be reduced by 6,000000 (SIX MILLION) tons (per Ozl's own figures). That's a reduction of approximately 52% in Ozl's gold reserves. dont forget to add the amount of ore that has been mined in the last year or so and things begin to look even worse than the issues that I've highlighted.

Again you choose to ignore the fact that the high gold ore surpergene is almost exhausted.

Interesting that you don't differentiate between the different types of ore that have been processed ie gold and copper in your 'analysis' of the jorc.

you also overlook the fact that Ozl's recorded cost of mining increased by about 18% (depending on which cost definition you use).

Hubris, rather than your emotional tirade, please trying debating on the facts.