Ann: Term sheet signed with Lotterywest, page-62

Well that is the $64 question. No one really knows but my take is that the recent announcements were OK but maybe the market was hoping for more, added to the general market sentiment at present which seems to be negative. The market doesn't have to be rational - a year ago the SP was up around $25 (which was a bit over exuberant) then it dropped back to $10. If you look at a chart you can see a couple of times where the Sp has dropped back to close to $10 but has bounced off pretty strongly. So, for me, if it gets back to $10 (I don't want to give the impression that I think it will do that - it is in the future and no one knows what will happen) I will look at accumulating as there seems to be good technical reasons to believe it wont go much lower.