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OZ waits on lenders as cash position declines

EMBATTLED OZ Minerals ended 2008 with less than $A100 million in the bank after it repaid part of...

Charlotte Dudley

In a refinance update, the diversified miner revealed its cash balance slumped to $109.3 million by December 30. However, the following day, a $US12.6 million ($A18.1 million) payment was made to lenders...

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