**to plunge today*****, page-9

re: higher shareprice / capital raisings ? I dont think they'll sustain flow rates of 350 bopd in the extended production test, and I think that will be the signal for a sharp selldown, once the realisation hits that Rookwood is going to take a lot of capex to make good money.

I'd be looking at a target of about 60 cents per share.

On the other hand, Archibald bought at 93 cents, so there are people out there who disagree with me *smile*

Ian Whitchurch