5c to $5, page-56

The one observation I would add to the conversation in regards the last couple of days trading is the willingness of the Buyer(s) .....and I will call them Brave Buyer ( Yee Haa ! ) , because at one stage 2 days ago there was a single buyer stepping and challenging the offer. That's what we all need to do folk's . At the time there was approx 8.5 million on the offer at .008 and a single buyer with approx 575,000 bidding over the 18 odd million sitting at .006 at the time.

The important point for me was that this Buyer which was a single Buy order ..... ' Hung in ' and held the ground until he / she was finally taken out. The time taken to do this was in fact almost half of the trading day.

The following day when we of course got some assistance from the re-bound in the DOW , a larger amount of approx 1.7 million stepped up into the same position to Bolster the total Buying at the Best Bid price. So what we can conclude from this folks is that there are some significant buyers now starting to directly challenge the ' Offer ' at .008. Could this be the beginning - IMO I think it is.

The only concern , I have is that after trading yesterday ( Friday ) , the total volume which had gone through the ASX had not been replaced in the total buyer volumes. ie - No fresh buying interest evident.

As as result of this , I will be looking very carefully next week as to what sort of volumes come in over the top of the Bid without coming through the screens.

DOW has given up some of yesterday's rebound - but off its intra-day lows . No real concern for me there. Have a Great Weekend........