All...I spoke to the company. They are as surprised as we are. I...

All...I spoke to the company. They are as surprised as we are. I was told... you put out a good announcement and it is ignored.

There was said to no reason for any selldown and I observe that the turnover, while moderate is not excessive. So it has been sold down on some panic, and a few posters have been feeding it with innuendo. Call me a fool if you like but I bought twice today at 29 an 26.5cents...after buying yesterday at 31.5 and two days before at 32.5.

The copper price in today's market is at approximately AUD3.95lb. That is a very profitable level for this company which is one of the lowest cost producers in the country with cash costs of around AUD1.20-1.30lb. You do your own sums on that.

regards
DF