A placeholder for the AGM which i assume will be in melbourne (i...

A placeholder for the AGM which i assume will be in melbourne (i live in sydney).

=> Hopefully some Mel. holders could raise these issues.

Now with interest rates rising, then the march of the AU$ up will continue.

Recently OZL added http://www.ozminerals.com/Investor-Information/Hedging.html

If you read this this makes no sense, and again it is a nonsense.

The fact that many of the earnings are in US$ which means a lower AU$ return overtime, is MORE reason to have some of the cash outside US$ to counter the steady inflow of US$..

Roll online AGMs, then more democracy might be introduced.

Thanks

p.s. the recent price increase is more to copper increasing and the problems at Olympic Dam (BHP) than anything that the OZL management have done.