I'm sure it would help. i wont be getting too excited until the...

I'm sure it would help. i wont be getting too excited until the results come out.

Remember we were looking at 30mt+ DSO on irvine that didnt eventuate. Im not poo pooing the underground prospects, but i'll only reserve SP expectations until after the JORC amount has been released.

I had expected that with the additional 50% of cockatoo announced and the $17m in presales we would have had some SP response.

Alas there has been none, so my real question is what kind of news do we need to see some SP movement in the right direction?

The projects are presenting and moving forward well, based on some rough numbers cockatoo could produce about $20m gross profit for FY2013 (based on the prescribed shipping schedule and estimated IO price). Hopefully by mid year a few known unknowns will be known, and we can all feel a little more informed!