Hi El,Yep have a good look at wsa, I think its worth it and as...

Hi El,

Yep have a good look at wsa, I think its worth it and as you know I have taken a fair stake in it.

COE looks pretty good right now although early days I am very hopefull knowing that its in the middle of a hydrocarbon fairway. I did lower my holding a little but still have enough of my core holding to be very happy.

Just be carefull with the frustration in JBM and remember that if JBM is really as good as we both feel it is then there must be someone out there getting ready for a counter bid.

Looking at how much problems Xstrata has convincing holders to part with their shares is a strong indication that its not going to be given up easy.

And look at the amount of shares being traded, who is buying them if they do not go to Xstrata????

jojo