HGO starts production from Kamantoo (Australia)in November Fy production copper around 21Kt Cash cost of $1.61 after offsets of 9kOZ gold (revenue projected at $900 OZand 177koz silver (revenue projected at $13 OZ). net cash 31 may around 71 million good exploration prospects in Australia and Indonesia which have been on backburner while getting Kamantoo up and running Indonesia prospects include gold which Burgess likes Broker valuations range between 43 cents and 90 cents - brokers have discounted because of failure by previous management to deliver according to timelines.
OZL Price at posting:
$12.35 Sentiment: Hold Disclosure: Held
