excellent prospects

it will be good to see Broken hill and Panorama getting into production within the next few years..

however those waiting for a re-rating anytimne soon, i wouldnt hold your breath - i doubt we will see that until production starts at broken hill in late 2008.

my only concern at the moment is the water supply at their endeavour mine -

'As a consequence of the drought and low water levels in the Burrendong Dam water allocations for mines
and other high security users in the Macquarie river system were reduced to 10% of entitlements from
1 July 2007. This reduction was announced when the Dam was at 2.7% of capacity and after recent
rains it is now at about 12%. At current drawdown rates, Endeavor’s present allocation will be
consumed by October 2007 but it is understood that allocations will be reviewed once Burendong
reaches 15% of capacity'

good luck to all holders, the SP will start ramping up from the start of next year imo... not long to wait!