vindicates our investment decision..., page-2

re: steady as she goes..consolidating nicley...
She is steady as she goes. A bit of consolidation at 0.22/0.23c with expectation of further results in the short term.

Options look very good at the moment.

I think if we crack 0.24 with volume, this could quite easily move to 0.30c with the next bit of news.

One to watch very closely based on yesterday's results. They were extremely encouraging and provide a sense of confidence for management's target of cashflow generation from production in 2007.

Cheers Freakme