break-out

Very close to 52 week high achieved pretty much this time last year. Pretty close to a technical 'cup with handle' break-out IMHO. 60-65c target I believe and very good timing into full year results due near end of October.

API chart
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=au%3Aapi&insttype=&freq=&show=

Cup with handle
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_cont