new ball game

BLOKES:
I recall you saying the other day that the stock will be at 50 by end of December. It looks like being there by end of financial year (Aust - 30 June) not end of calendar year.

One major difference with this new Board is that we don't see new announcements every second week. In the past you would see announcements in relation to anything without being material in nature. These announcements were only perceived by the market place as an attempt to push the share price higher. NATURALLY as we have seen for a number of years this has had the REVERSE effect.

This time around I think we will continue seeing very material announcements shortly. These higher prices can only be maintained with positive fundamentals.

By the strength and depth of buying I am convinced we are seeing institutional buying out of the U.S They are not buying for a move to 60 or 70 cents. They are looking at the bigger picture and can see a dollar/s sign in front of the price.