copper prices, page-8

They have to disclose the number in the 1/2 yearly p&L and cash flow and Balance sheet.

I have worked it out on first principles, based on the asset sales etc. I will use the 1/2 yearly accounts to see how close I was.

I am a bit like Dasa. Mr Cusack has indicated he will step down. Normally the CEO and board elect a new Chairman. When Terry Burgess comes in, I would suspect that will be one of his first jobs.

Publically, they are stating that they are not as gung ho as previously and will concentrate on P Hill.

I am looking forward now, rather than looking back. I agree though, that come March next year, if there is no change in management behaviour, look elsewhere.

HT1