alleluia, page-20

As expected, looks like deal failure is priced in at current levels.

Large orders still in place at 12c, one 17 mil, a 3 mil, 2 mil and others totalling 25 mil. Sell depth in total 9 mil out to 18c. This is a good sign in istelf that we may see price stability.

The fact that not much volume going through would indicate I think no new bid on the immediate horizon.

At least we have got that victor monkey off our back. Come on Queensland Rail, how about diversifying into some iron ore to make your own steel rails! Hey you could even start smelting on site, and make the rails to build the line to ship the product (and third party product) to port, which you could also build with your quality Flinders ore ;-).