sp drop, page-3

The overall market is just rubbish at the moment. We may even be in a bear market, with $1.20 not out of the question. People are just liquidatiung what they can to raise cash. Some of the money raised is being turned into US dollars. The oz dollar is being pounded partly because there is an international fear over the future value of commodities and partly because the Ruddy idiot tax has created a 'third world-like' fear of Australia soverign worthiness. An operational update may be nice, but its impact would probably be short lived. This is about emotion not logic.
K