Technicals, page-3

Alpha,

Fairly straight forward chart to read although uncanny to how close it mirrors my glancing look of a few days ago... With recent trading its hard to see that it will hold 64c although in the short term good news from Perth-Basin and thon may see a short term bounce.. For those with a 6-12mths outlook breaking of 64c support will see excellent opportunities for accumulation prior to key announcements due out in the coming months;
- WPL 2003 drilling schedule
- Dana 2003 drilling schedule
- Chinguetti reserves/production schedule and possible tie-in's exploration/appraisal
- Perth Basin commerciality
- Developments elsewhere including the large siesmic due to be shot in Guyane and elsewhere..

Hope the above is somewhat encouraging to longer term holders since the shareprice has been anything but encouraging...

Regards