ann out ---more gas, page-2

IMO 45% improvement on previously confirmed pay has to be a good thing.

I suspect the euphoria of the initial discovery "We found some gas, and we're going deeper to get some more!" may have caused some overshoot.

"Well, actually, that's all there is" pushed overshoot back in the other direction.

Market pulled back to about 30c, so at a rough val 40m was worth 8c to SP, up to about 30c from 22c, add 45% to that gives around another 4c, so I would expect settling at mid thirties.

Could be a bit more if you price the Palta selldown into it as well.