Lets not forget the 150m for the power line and also the...

Lets not forget the 150m for the power line and also the underground development cost for PH as Open pit stops in Q1.

This year will be all about spending money which is why i am not keen to be an OZL shareholder. There is a strong risk of costs blowing out and debt or even worse capital raising needed. Dividend policy will need to be revised.

In addition to that... there is also a strong likelihood AVB holders dumping the stock once they get their allotments.

OZL might go 7$ or lower... depending on copper prices and how labour negotiations go this year at Escondida.