Good post grumster, and if I may be allowed to kindly take your...

Good post grumster, and if I may be allowed to kindly take your dates and feed more information as to what happened to the SP during these periods

“29/8/08 advised spudded on 28th “ The recorded as being 0.110

“1/9/08 280 meters” The SP rises from 0.110 to close at 0.125

“2/9/08 705 meters The SP maintains a close of 0.125

"3/9/08 background gas" The SP rises from 0.125 to a close of 0.140

"12/09/08 very good preliminary indications" The SP maintains 0.140

"15/9/08 981 meters. significant coal intersection" The SP maintains 0.140

"18/9/08 1218 meters 172units gas c1 – 5" The SP rises from 0.140 to a close of 0.145

"19/9/08 well completed and suspended" The SP maintains 0.140

What is not clearly documented with the fluctuation of the SP during these periods is the movement of the SP in between these individual dates and the lows and highs achieved for each of those said day.

On analysis of the movement of the SP, one can conclude that these periods played well for the day traders. For example, between the 31st of August through to the 2nd of September, the SP fluctuated between 0.145 through to 0.115. Yet the period between 2nd September and leading into the 22nd of September saw a rise of 0.035.

I would anticipate a similar trend in which day traders will influence the movement more than those set for the long haul, however some great opportunities shall exist over the course of the program for both day traders and long term investors to capitalise on their Strategies and good luck to all for whatever path is taken.

Although the SP may initially be dominated by the day traders, what can be reasonably assured is that both camps will win out on the movement of the SP.

There may be some disconnects with the above price trends and I stand corrected with they are wrong however,in generality the SP movements reflect a reasonablly accurate account of fluctuations.

Exciting times ahead, good luck all for next week.