will4, page-2

Spi,
I know you didn't ask for my input and most here couldn't care less about my view, but I'll press on regardless.

My view is that the market has already factored OUT the BHP deal. That's why we're drifting back around the 17-18c mark and not 20-25c
The 17c covers the Onesteel prospects, the inherent knock on effect thru other steel companies ( big prospects ) if Onesteel's testwork is a success, the future value of WIM-150 and the small future value of the China gold prospects.

That's just my opinion, based on no factual information at all. It also indicates that if by some miracle the BHP thing happens we'll see a significant jump as it ISN'T currently factored in and so we won't see the usual SP fall back on announcement.

Cheers all

The ever annoying "whinging" Pom :-)