-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 ExXn3QqWCtxfeGrqpUXADlNAVC5UdMiqbvE7jJa3dO4TpkiPIOB9BRnemajoi339
 uMzyPWojLUJgZr7r8HdKoA==

<SEC-DOCUMENT>0000943663-04-000494.txt : 20041118
<SEC-HEADER>0000943663-04-000494.hdr.sgml : 20041118
<ACCEPTANCE-DATETIME>20041118160423
ACCESSION NUMBER:		0000943663-04-000494
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20041118
DATE AS OF CHANGE:		20041118

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NOVOGEN LTD
		CENTRAL INDEX KEY:			0001075880
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-50612
		FILM NUMBER:		041155076

	BUSINESS ADDRESS:	
		STREET 1:		140 WICKS RD
		STREET 2:		NORTH RYDE
		CITY:			NEW SOUTH WALES 2113
		STATE:			C3
		ZIP:			2113
		BUSINESS PHONE:		01161298780088

	MAIL ADDRESS:	
		STREET 1:		107 NORTH RYDE
		CITY:			SYDNEY
		STATE:			C3
		ZIP:			1670

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AUSTIN JOSIAH T
		CENTRAL INDEX KEY:			0000932267

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		EL CORANADO RANCH
		STREET 2:		STAR ROUTE BOX 395
		CITY:			PEARCE
		STATE:			AZ
		ZIP:			85625
		BUSINESS PHONE:		2123190881

	MAIL ADDRESS:	
		STREET 1:		EL CORONADO RANCH
		STREET 2:		STAR ROUTE BOX 395
		CITY:			PEARCE
		STATE:			AZ
		ZIP:			85625
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>nvgn13d.htm
<TEXT>
<html>

<head>
</head>

<body>

<font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><b>
<p ALIGN="center">SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</p>
<p ALIGN="center">SCHEDULE 13D</p>
</b>
<p ALIGN="center">Under the Securities Exchange Act of 1934</p>
<p ALIGN="JUSTIFY"></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="CENTER"><u>Novogen Limited<br>
</u>(Name of Issuer)<br>
&nbsp;</p>
<p ALIGN="CENTER"><u>Sponsored ADR (each convertible into 5 Ordinary Shares)<br>
</u>(Title of Class of Securities)<br>
&nbsp;</p>
</font><font SIZE="2" face="Arial">
<p ALIGN="CENTER"><u>67010F 10 3<br>
</u></font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2">(CUSIP Number)<br>
&nbsp;</p>
<p ALIGN="CENTER"><u>David J. Harris, Esq., 1775 I Street, N.W., Washington,
D.C. 20005 (202) 261-3385<br>
</u>(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)<br>
&nbsp;</p>
<p ALIGN="CENTER"><u>November 15, 2004<br>
</u>(Date of Event which Requires Filing of this Statement)<br>
&nbsp;</p>
<p ALIGN="JUSTIFY">If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject of this Schedule
13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the
following box [_]</p>
<p ALIGN="JUSTIFY">The information required on the remainder of this cover page
shall not be deemed to be &quot;filed&quot; for the purpose of Section 18 of the
Securities Exchange Act of 1934 (&quot;Act&quot;) or otherwise subject to the liabilities
of that section of the Act but shall be subject to all other provisions of the
Act (however, see he Notes).</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<hr>
<p ALIGN="JUSTIFY">&nbsp;</p>
</font>
<table BORDER CELLSPACING="1" CELLPADDING="8" WIDTH="761">
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2">
    <p ALIGN="CENTER">&nbsp;</p>
    </font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">1</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">NAME OF REPORTING PERSON<p>
    SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON</p>
    </font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2">
    <p>Josiah T. Austin</font></td>
  </tr>
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">2</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">CHECK THE APPROPRIATE BOX
    IF A MEMBER OF A GROUP</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    (a)</b> [_]<b><p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    (b) x</b> </font></td>
  </tr>
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">3</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4" BGCOLOR="#ffffff">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SEC USE ONLY</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>&nbsp;</p>
    <p>&nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">4</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SOURCE OF FUNDS</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    OO and WC</font></td>
  </tr>
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">5</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">CHECK BOX IF DISCLOSURE OF
    LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)</font><font FACE="BSN Swiss Roman 10pt,Arial" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </font><font FACE="Wingdings" SIZE="2">&nbsp; </font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2">
    [_]</font></td>
  </tr>
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">6</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">CITIZENSHIP OR PLACE OF
    ORGANIZATION</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    United States</font></td>
  </tr>
  <tr>
    <td WIDTH="16%" VALIGN="TOP" COLSPAN="3">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><b>
    <p ALIGN="CENTER">NUMBER OF<br>
    SHARES<br>
    BENEFICIALLY<br>
    OWNED BY<br>
    EACH<br>
    REPORTING<br>
    PERSON<br>
    WITH</b></font></td>
    <td WIDTH="7%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">7</b></font></td>
    <td WIDTH="78%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SOLE VOTING POWER</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    2,000 Sponsored ADRs (representing 10,000 ordinary shares)</font></td>
  </tr>
  <tr>
    <td WIDTH="16%" VALIGN="TOP" COLSPAN="3">&nbsp;</td>
    <td WIDTH="7%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">8</b></font></td>
    <td WIDTH="78%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SHARED VOTING POWER</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    1,058,807 Sponsored ADRs (representing 5,294,035 ordinary shares)</font></td>
  </tr>
  <tr>
    <td WIDTH="16%" VALIGN="TOP" COLSPAN="3">&nbsp;</td>
    <td WIDTH="7%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">9</b></font></td>
    <td WIDTH="78%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SOLE DISPOSITIVE POWER</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    2,000 Sponsored ADRs (representing 10,000 ordinary shares)</font></td>
  </tr>
  <tr>
    <td WIDTH="16%" VALIGN="TOP" COLSPAN="3">&nbsp;</td>
    <td WIDTH="7%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">10</b></font></td>
    <td WIDTH="78%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SHARED DISPOSITIVE POWER</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    1,058,807 Sponsored ADRs (representing 5,294,035 ordinary shares)</font></td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="TOP" COLSPAN="2">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">11</b></font></td>
    <td WIDTH="93%" VALIGN="TOP" COLSPAN="3">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">AGGREGATE AMOUNT
    BENEFICIALLY OWNED BY EACH REPORTING PERSON</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    1,060,807 Sponsored ADRs (representing 5,304,035 ordinary shares)</font></td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="TOP" COLSPAN="2">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">12</b></font></td>
    <td WIDTH="93%" VALIGN="TOP" COLSPAN="3">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">CHECK BOX IF THE AGGREGATE
    AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    [_]<p>
    &nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="TOP" COLSPAN="2">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">13</b></font></td>
    <td WIDTH="93%" VALIGN="TOP" COLSPAN="3">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">PERCENT OF CLASS
    REPRESENTED BY AMOUNT IN ROW (11)</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    5.48%</font></td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="TOP" COLSPAN="2">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">14</b></font></td>
    <td WIDTH="93%" VALIGN="TOP" COLSPAN="3">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">TYPE OF REPORTING PERSON</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    IN</font></td>
  </tr>
</table>
<font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2">
<p><br>
<br>
&nbsp;</p>
<hr>
<p>&nbsp;</p>
</font>
<table BORDER CELLSPACING="1" CELLPADDING="8" WIDTH="761">
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2">
    <p ALIGN="CENTER">&nbsp;</p>
    </font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">1</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">NAME OF REPORTING PERSON<p>
    SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON</p>
    </font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2">
    <p>El Coronado Holdings, L.L.C.</font></td>
  </tr>
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">2</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">CHECK THE APPROPRIATE BOX
    IF A MEMBER OF A GROUP</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    (a)</b> [_]<b><p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    (b) x</b> </font></td>
  </tr>
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">3</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4" BGCOLOR="#ffffff">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SEC USE ONLY</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>&nbsp;</p>
    <p>&nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">4</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SOURCE OF FUNDS</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    OO and WC</font></td>
  </tr>
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">5</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">CHECK BOX IF DISCLOSURE OF
    LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    [_]</font></td>
  </tr>
  <tr>
    <td WIDTH="6%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">6</b></font></td>
    <td WIDTH="94%" VALIGN="TOP" COLSPAN="4">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">CITIZENSHIP OR PLACE OF
    ORGANIZATION</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    Arizona</font></td>
  </tr>
  <tr>
    <td WIDTH="16%" VALIGN="TOP" COLSPAN="3">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><b>
    <p ALIGN="CENTER">NUMBER OF<br>
    SHARES<br>
    BENEFICIALLY<br>
    OWNED BY<br>
    EACH<br>
    REPORTING<br>
    PERSON<br>
    WITH</b></font></td>
    <td WIDTH="7%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">7</b></font></td>
    <td WIDTH="78%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SOLE VOTING POWER</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    0</font></td>
  </tr>
  <tr>
    <td WIDTH="16%" VALIGN="TOP" COLSPAN="3">&nbsp;</td>
    <td WIDTH="7%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">8</b></font></td>
    <td WIDTH="78%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SHARED VOTING POWER</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    1,058,807 Sponsored ADRs (representing 5,294,035 ordinary shares)</font></td>
  </tr>
  <tr>
    <td WIDTH="16%" VALIGN="TOP" COLSPAN="3">&nbsp;</td>
    <td WIDTH="7%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">9</b></font></td>
    <td WIDTH="78%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SOLE DISPOSITIVE POWER</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    0</font></td>
  </tr>
  <tr>
    <td WIDTH="16%" VALIGN="TOP" COLSPAN="3">&nbsp;</td>
    <td WIDTH="7%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">10</b></font></td>
    <td WIDTH="78%" VALIGN="TOP">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">SHARED DISPOSITIVE POWER</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    1,058,807 Sponsored ADRs (representing 5,294,035 ordinary shares)</font></td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="TOP" COLSPAN="2">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">11</b></font></td>
    <td WIDTH="93%" VALIGN="TOP" COLSPAN="3">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">AGGREGATE AMOUNT
    BENEFICIALLY OWNED BY EACH REPORTING PERSON</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    1,058,807 Sponsored ADRs (representing 5,294,035 ordinary shares)</font></td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="TOP" COLSPAN="2">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">12</b></font></td>
    <td WIDTH="93%" VALIGN="TOP" COLSPAN="3">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">CHECK BOX IF THE AGGREGATE
    AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    [_]<p>
    &nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="TOP" COLSPAN="2">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">13</b></font></td>
    <td WIDTH="93%" VALIGN="TOP" COLSPAN="3">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">PERCENT OF CLASS
    REPRESENTED BY AMOUNT IN ROW (11)</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    5.47%</font></td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="TOP" COLSPAN="2">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="6"><b>
    <p ALIGN="CENTER">14</b></font></td>
    <td WIDTH="93%" VALIGN="TOP" COLSPAN="3">
    <font FACE="BSN Swiss Roman 10pt,Arial" SIZE="1">TYPE OF REPORTING PERSON</font><font FACE="BSN Swiss Roman 10pt,Arial" SIZE="2"><p>
    HC</font></td>
  </tr>
</table>
<font SIZE="2"><u>
<p>&nbsp;</p>
<hr>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">ITEM 1</u>.&nbsp; <u>Security and Issuer</u>.</p>
<p ALIGN="JUSTIFY">This Statement relates to the Sponsored ADRs (each
representing 5 ordinary shares) (the &quot;ADRs&quot;), of Novogen Limited (the
&quot;Company&quot;). The address of the Company is 140 Wicks Rd; North Ryde; New South
Wales 2113 C3 2113; 01161298780088. The Statement is being filed on behalf of
Josiah T. Austin, a U.S. citizen, and El Coronado Holdings, LLC (&quot;ECH&quot;), an
Arizona limited liability company (collectively the &quot;Reporting Persons&quot;).</p>
<u>
<p ALIGN="JUSTIFY">ITEM 2</u>. <u>&nbsp;Identity and Background</u>.</p>
<p ALIGN="JUSTIFY">Further information regarding the identity and background of
the Reporting Persons is as follows:</p>
<dir>
  <dir>
    <p ALIGN="JUSTIFY">For Mr. Austin:</p>
  </dir>
</dir>
<blockquote>
  <blockquote>
    <p ALIGN="JUSTIFY">(a) Josiah T. Austin (hereinafter &quot;Austin&quot;)</p>
    <p ALIGN="JUSTIFY">(b) El Coronado Ranch, 12626 Turkey Creek Road, Pearce,
    Arizona 85625.</p>
    <p ALIGN="JUSTIFY">(c) Present principal occupation: individual investor;</p>
  </blockquote>
</blockquote>
<dir>
  <dir>
    <p ALIGN="JUSTIFY">For ECH:</p>
  </dir>
</dir>
<blockquote>
  <blockquote>
    <p ALIGN="JUSTIFY">(a) El Coronado Holdings, L.L.C.;</p>
    <p ALIGN="JUSTIFY">(b) 12626 Turkey Creek Road, Pearce, Arizona 85625;</p>
    <p ALIGN="JUSTIFY">(c) Holding Company;</p>
    <p ALIGN="JUSTIFY">(d)-(e) During the last five years, none of the Reporting
    Persons nor, to the best of the knowledge of the Reporting Persons, the
    members or controlling persons of any Reporting Person have been convicted
    in a criminal proceeding (excluding traffic violations or similar
    misdemeanors), or been a party to a civil proceeding of a judicial or
    administrative body of competent jurisdiction and as a result of such
    proceeding was or is subject to a judgment, decree or final order enjoining
    future violations of, or prohibiting or mandating activities subject to,
    federal or state securities laws or finding any violation with respect to
    such laws.</p>
  </blockquote>
</blockquote>
<u>
<p ALIGN="JUSTIFY">Item 3</u>. <u>&nbsp;Source and Amount of Funds or Other
Consideration</u>.</p>
<p ALIGN="JUSTIFY">The total consideration for all ADRs acquired to date is
$21,637,621.46.</font><font FACE="Courier New" SIZE="2"> </font><font SIZE="2">
The ADRs herein reported as beneficially owned by the Reporting Persons were
acquired as follows:</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Austin is the
sole Managing Member of ECH. Acting on behalf of ECH, Austin purchased from
January 9, 2003 through November 15, 2004, a total of 1,058,807 ADRs
(representing 5,294,035 ordinary shares) in the open market for an aggregate
consideration (exclusive of brokers' commissions) of $21,581,649.46. All
purchases were made through various brokerage firms, and the primary source of
funding for these acquisitions was available funds and margin obtained under
standard terms and conditions margin agreements.</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2) Acting on
behalf of the Austin-Clark Family Irrevocable Life Insurance Trust, in his
capacity as Trustee, Austin purchased on December 29, 2003, a total of 1,000
ADRs (representing 5,000 ordinary shares) in open market transactions for an
aggregate consideration (exclusive of brokers' commissions) of $27,986.00. The
primary source of funds for these purchases was existing funds of the Trust;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3) Acting on
behalf of the Christina Lowery Trust, in his capacity as Trustee, Austin
purchased on December 29, 2003, a total of 500 ADRs (representing 2,500 ordinary
shares) in open market transactions for an aggregate consideration (exclusive of
brokers' commissions) of $13,993.00. The primary source of funds for these
purchases was existing funds of the Trust; and,</p>
<p ALIGN="JUSTIFY"></p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4) Acting on
behalf of the Mathew A. Lowery Trust, in his capacity of Trustee, Austin
purchased on December 29, 2003, a total of 500 ADRs (representing 2,500 ordinary
shares) in open market transactions for an aggregate consideration (exclusive of
brokers' commissions) of $13,993.00. The primary source of funds for these
purchases was existing funds of the Trust.</p>
<p ALIGN="JUSTIFY">All dollar amounts are in United States dollars.</p>
<p ALIGN="JUSTIFY"></p>
<u>
<p ALIGN="JUSTIFY">Item 4</u>. <u>&nbsp;Purpose of Transactions</u>.</p>
<p ALIGN="JUSTIFY">The acquisitions of ADRs to which this statement relates have
been made for investment. Austin, as sole Managing Member of ECH and as trustee
of the aforementioned trusts, will continuously evaluate the business, financial
conditions and prospects of the Company, as well as conditions in the economy
and the pharmaceutical industry in general, with a view toward determining
whether to hold, decrease or add to these investments in ADRs. </p>
<u>
<p ALIGN="JUSTIFY">Item 5</u>. <u>&nbsp;Interest in Securities of the Issuer</u>.</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) Austin is the
beneficial owner of 1,060,807 ADRs (representing 5,304,035 ordinary shares which
is 5.48%, based on 96,725,440 ordinary shares outstanding as of August 19, 2004,
as reported on the Company's 6-K filed on August 26, 2004), in his capacity as
Trustee for the Austin-Clark Family Irrevocable Life Insurance Trust, the
Christina Lowery Trust and the Matthew A. Lowery Trust and as sole Managing
Member of ECH. ECH is the beneficial owner of 1,058,807 ADRs (representing
5,294,035 ordinary shares which is 5.47%, based on ordinary shares outstanding
as of August 19, 2004, as reported on the Company's 6-K filed on August 26,
2004) of the Common Stock.</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) As Trustee of
the Trusts, Austin has the sole power to vote or to dispose or direct the
disposition of 2,000 ADRs (representing 10,000 ordinary shares). As sole
Managing Member of ECH, Austin shares with ECH the power to vote or to dispose
or to direct the disposition of 1,058,807 ADRs (representing 5,294,035 ordinary
shares).</p>
<p></p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) No
transactions in ADRs have been effected by the Reporting Persons during the last
60 days, except the following transactions, each of which was made in a broker's
transaction in the open market. Prices do not include brokerage fees. </p>
</font>
<table CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="600">
  <tr>
    <td WIDTH="27%" VALIGN="TOP"><font SIZE="2"><u>Reporting Person<br>
&nbsp;</u></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2"><u>Sale/Purchase</u></font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2"><u>Date</u></font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2"><u>No. of ADRs (shares)</u></font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2"><u>Price Per ADR</u></font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP"><font SIZE="2">Austin, on behalf of ECH</font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase<br>
&nbsp;</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">9/22/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">6,700 (33,500)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$17.670</font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase<br>
    <br>
    Purchase<br>
&nbsp;</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">9/22/04<br>
    <br>
    9/23/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">14,599 (72,995)<br>
    <br>
    19,291 (96,455)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$17.640<br>
    <br>
    $17.650</font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase<br>
    <br>
    Purchase<br>
&nbsp;</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">9/24/04<p>9/27/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">12,980 (64,900)
    <p>12,335 (61,675)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$17.650<br>
    <br>
    $17.680</font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase<br>
    <br>
    Purchase<br>
&nbsp;</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">9/28/04<p>9/29/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">12,238 (61,190)<p>3,178 (15,890)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$17.720<p>$17.850</font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase<br>
    <br>
    Purchase<br>
&nbsp;</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">10/1/04<p>10/4/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">4,360 (21,800)<p>1,200 (6,000)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$18.010<p>$18.000</font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase<br>
    <br>
    Purchase<br>
&nbsp;</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">10/5/04<p>10/18/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">3,400 (17,000)<p>7,040 (35,200)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$17.940<p>$17.980</font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase<br>
    <br>
    Purchase<br>
&nbsp;</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">10/18/04<p>10/20/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">7,000 (35,000)<p>6,160 (30,800)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$17.990<p>$17.910</font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase<br>
    <br>
    Purchase<br>
&nbsp;</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">10/22/04<p>10/22/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">6,351 (31,755)<p>2,500 (12,500)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$17.980<p>$17.950</font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase<br>
    <br>
    Purchase<br>
&nbsp;</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">10/22/04<p>10/27/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">12,050 (60,250)<p>10,645
    (53,225)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$17.990<p>$17.700</font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase<p>Purchase<br>
&nbsp;</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">10/29/04<p>10/29/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">10,000 (50,000)<p>6,800 (34,000)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$17.960<p>$17.957</font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase<p>Purchase<br>
&nbsp;</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">10/29/04<p>11/1/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">6,021 (30,105)<p>3,187 (15,935)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$17.990<p>$17.950</font></td>
  </tr>
  <tr>
    <td WIDTH="27%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">Purchase</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">11/15/04</font></td>
    <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">767,561 (3,837,805)</font></td>
    <td WIDTH="18%" VALIGN="TOP"><font SIZE="2">$21.285</font></td>
  </tr>
</table>
<font SIZE="2">
<p>&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d) No person
other than the Reporting Persons, has any right to receive, or the power to
direct the receipt of dividends from, or proceeds from the sale of, such
securities.</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e) Not applicable.</p>
<u>
<p>Item 6</u>. <u>&nbsp;Contracts, Arrangements, Understandings or Relations
With Respect to Securities of the Issuer</u>.</p>
<p ALIGN="JUSTIFY">There are no contracts, arrangements, understandings or
relationships (legal or otherwise) between ECH, Austin and any person with
respect to any securities of the Company.</p>
<u>
<p>Item 7.</u> <u>&nbsp;Materials Filed as Exhibits</u>.</p>
<p>None.</p>
<p>&nbsp;</p>
<p ALIGN="CENTER">[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK].</p>
<p>&nbsp;</p>
<hr>
<b>
<p ALIGN="CENTER">SIGNATURE</p>
</b>
<p>After reasonable inquiry and to the best knowledge and belief, I certify that
the information set forth in this Statement is true, complete and correct. </p>
</font>
<table CELLSPACING="0" CELLPADDING="0" WIDTH="600" height="138" border="0" style="border-collapse: collapse" bordercolor="#111111">
  <tr>
    <td WIDTH="395" VALIGN="TOP" height="15"><font SIZE="2">Date: November 18,
    2004</font></td>
    <td WIDTH="205" VALIGN="TOP" height="15"><font SIZE="2"><u>
    <p style="margin-bottom: 0">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></td>
  </tr>
  <tr>
    <td WIDTH="395" VALIGN="TOP" height="21">&nbsp;</td>
    <td WIDTH="205" VALIGN="TOP" height="21"><font SIZE="2">
    <p style="margin-bottom: 0">Josiah T. Austin,<br>
    as sole Managing Member of<br>
    El Coronado Holdings LLC</font></td>
  </tr>
</table>
<font SIZE="2">
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
</font>

</body>

</html>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
