update

Yesterdays report better than expected.

Trading up to the report one would have expected bad news all round but the report i feel is ok and should give some support to shareprice.The delays we`re expected but the start of drilling and early initial results are encouraging , with indonesian deal still a possibility only delayed to give more support.
The STO expiry date for stitch well is also a positive as a start on stitch should now be soon, imo price may creep back to 6c level and hopefully for holders an update from ICN when date has been set to begin drilling on stitch will follow in ar 4weeks or so giving STO at least 6 weeks to complete the work.
Cheers
tth.