new ann out!! first money received ^_^, page-47

Brenjamin - think that any long-term rationale for substantially higher sp still depends on Mt.Bevan and here the relationship between LCY and NMDC has got to be resolved - even if only to pave the way for a purchase of LCY`s share by the Chinese or further third party. The fall back in the price of IO - and particularly haematite which appears to have stopped Jupiter at Mt.Mason - has been partially corrected but the world outlook is unclear and gold may have to make any running in the short term.

This in turn unpredictable as the recent price dip in response to US payrolls demonstrates. Money printing the fiscal cliff and spiralling problems in the Middle East should all support gold but that`s not the response right now.

If nothing else think HAW a good port in a storm - cheap on fundamentals and cashed up to steadily add value to in-ground assets - but agree any big move to the upside likely to depend on a deal at Mt.Bevan or a jump in the POG.

Regards