I agree strongly with the patience requirement you speak of here. There is a strong probability that the SP will float in this range for some time, with the odd influences and reaction from area news. I am quite surprised it has found this low level for now but given the markets skiddishness I suppose it is explainable. In any event I like the long term prospects and am prepared to wait with this as a hold. I would not be surprised however, if out the blue annoucements come pertaining to positioning, potential JV's etc.

Regards,