Personally I think that the announcement is in line with the...

Personally I think that the announcement is in line with the previous announcements regarding "Vulcan".

Tasman is one of those stocks which has to rely on "nearism", which of course in this case is near Olympic Dam.

Of course Vulcan may never be another "Olympic Dam" and chances are that it wont be, but there is still the possibility that it is.

As has been stated before by the coy. it took a lot of drill holes to find the Economic part of Olympic Dam, and it is proving to be similar at Vulcan.

The coy. is now saying that the economic bit is at the southern end of the vulcan structure, and it may well be true. No drill holes can tell us so far that wont be the case.

So once clearance has been given by the Aboriginal owners, and the drilling rigs move in, we will find out.