Agree PogI am not too concerned about CDU, but PNA certainly are...

Agree Pog

I am not too concerned about CDU, but PNA certainly are performing very well. I suspect they had a boubce from being shielded from the effects of the RSPT.

The market hasn't really caught onto the fact that OZL isn't affected by the new mining tax, or there may be the suspicion that the tax will be widened and include OZL after the election.

HT

I like your work. On your figures 2012 and 2013 will be the crunch years. You are also making the assumption that the only developments are at SFR and PH underground.

There may be a call for funds from overseas on some of OZL's projects, TORO and other potential acquisitions. Cash flow will have to be managed well.