Just to add to your post Cash in A$ 1004.5 million as 30/6/2009 plus sale of Martabe 25/06/2009 US$217 million Therfore OZL should have in excess of US 1 billion depreciating at 11% plus the loss of interest differential approx 3.5% between US and Australia Equals net loss of 14.5 % roughly A$12million per month Will Prominent Hill make "NET" A$12 million a month comments are invited! Remember my caculations are only a guide! The longer we get no action the greater the pain!! jayc
OZL Price at posting:
$11.05 Sentiment: None Disclosure: Not Held