mugabe, page-13

Keep in mind that DML is 83.33% higher than this time last year...We are doing OK. Taurus capital was a very aggressive buyer in the 45/65 area, it was their flow that got it up to 70 cents, probably didn't fundamently belong there at this stage..

Still I notice last week Fox-davies capital increased its price target form DML from $AUD 1.45 to $AUD 1.96 to refelect the higher copper price and better shape of the forward curve. Also commented on the continued good news flow out of maun..

Looks like resistance was broken today at 40 cents. If we can stabilize above there for the rest of the week then a recovery towards 55 cents should begin.

GL