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arsenic

15,545 Posts.

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25/07/17

16:58

Post #: 26069967
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Originally posted by Positive_Trader ↑

Did you listen to the presentation this morning by Oz...exceptional.

When asked about exiting JV's, CEO said something like "the West Musgrave project has over 200mts at 1.3% copper equivalent and is open pitable, you can build pretty much whatever you like. The scoping study is going very well"

He also hinted at a higher output plant is being looked at (>4mt/pa).

No issues whatsoever in my book - is going to be huge - they have to leave an out - OZ's other exploration activities are no where near. They know the grades, they know the location, they know they need an off-the-grid power model (which he specifically said isn't a problem, is being utilised successfully at mines all over the world - and OZ are involved in these new power strategies anyway as we know), they have water solution closer to the plant site now and well, nothing negative at all to say at all about the project. Again commended their relationship with us. Couldn't have asked for anything more at this stage.

Copper and nickel going up n up just to add to the excitement, thoroughly impressed myself!

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Well Duterte is making some rather shocking comments on mines (Cu & Ni) in Phillipines too.
(not that he's limiting himself to shocking comments on mines).

He needs a more radical haircut though to compete more strongly with Trump and Kim Jong Un.

CZI Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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Very Positive, page-5

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