fundamentals haven't changed

punters,

TOE has given us great trading opportunities over the past 3 to 4 months; on the contrary been quite frustrating for long term holders given the pretty wild trading ranges, including the lates 28.5c/20c trading range.

but nothing has changed from a company standpoint. The recent announcements have all been excellent, with more to come in the near future. Many have said on this forum that this is a great accumulation opportunity for long term holders, and for those traders, well TOE made its run to 28.5c from current levels.

we have experienced a crappy market over the past 2 weeks, however TOE is still soldiering on company wise.

20c looks like a strong support level technically and we're still sitting above the 200 day moving average i.e. long term bullish signal. the fact that OZL has sold down 10M shares @ 19c further strengthens the general market consensus of their questionable business acumen and should be seen as a positive IMO.

don't forget lake mackay news coming out shortly...and we still need to find out how TOE went in China.

best of luck punters