for ian whitchurch, page-10

re: for ian whitchurch/gyro Hi Gyro,

I can't answer your specifics but all of the reading and "asking around" I have done on STU would indicate a share valuation in excess of $1.00 based on the status quo.

Additional discoveries would only add to that.

How far above $1.00 ?? I honestly don't know as the "guesstimates" vary wildly.

I like the Cooper Basin explorers with good tenamnents.

Even poor 'ol much maligned BPT seems to have bounced off a well tested low at around 33c.

I hold both STU and BPT - they both look good for 2004