mean un-risked resource potential to date, page-8

Yeah it has been noticeable about the prospects, they originally planned to give estimates for zeus etc some time ago, but has yet to eventuate, I am assuming that it is in the plan to get a farm-out done and then report more results once that has been completed and out the way....but the forward work program carries it forward anyway.

There seems to be good volume at these levels recently which I am reading as positive, certainly a lot of shares are changing hands. Probaly some overhang to work through from the recent cap raisings as well. But large orders seem to be taking over from the small orders on both markets which is really evident. Look at the depth of a share such as PVD and individual orders and that's where we were a while back and now its totally changed. Depth is now full of large orders.

In my view there is still a lot of work to get through on the short charts from a technical perspective and until we breach about 60c price wise, it could grind a bit anywhere between its recent lows and that point. There's plenty of technicals for them to trade off under that level. But once we are above that I think price will be a bit freer to move up. But any major announcement can just blow those technicals away at any point in time.

And the thing is, this distribution/accumulation phase could take a bit longer to play out than we might expect. But all it means is that when it does finally move out we should see a faster move up.