strategies, page-6

Sonme good points.

I think the one trick pony issue is one that haunts us, but not sure FMG is a company we should hook up with. It will be interesting what would happen if IXR turn up some non ferrous or copper/gold ores in its tenements.

Is it feasible for OZL to do a Telstra and guarantee a dividend for next financial year, say minimum of $1 fully franked. That would give a return on capital of over 10%! That might also might make the cash pile less and OZL less attractive.

THere are some other interesting junior miners that may be interesting as prospects emerge. SAu have an interesting project in WA and KGL an interesting project in NT,

Maybe OZL could lower its sights a bit to take on some juniors who are profitable, particularly if they also provide learning experiences for a mine like Big C.