the boys are talking, page-16

Hi William

I have thought it may happen....but I would not like it.

LSL was at an altime low aroud 1.5 cents....it touched 1 cent months ago when the market thought all shares were going bankrupt (see the graph)...but 1.3 for a buyout of LSL..I reckon its a opportunistic grab on the spur of the moment and they probably have a buyer for 3 times the price.

ANZ is a business..dont worry..we can be sure they have hedged themself.

The market is certainly sleepy at the moment. Maybe its the cold. Anyway...I am done...going to get another 1.25 mill in the morning and sit on it.

In a few days we will look back and wonder why only 6 or 8 of us saw it.