HZN is in trading halt and all indications that I can see are that they are about to announce they have received PNG Government development approval for their Stanley condensates project (although I wait for the fat lady to start singing before I totally relax on HZN). If so, you would think that investors might breathe a little easier on PNG minnows with nearby PRLs/PPLs - and particularly those with links to the potential western province gas aggregation project eg PRL 4, PRL 21, PRL 38, PPL 437, PPL 435, PPL 436 etc etc - CMT front of mind for me (and of course KPL and others).
BDM Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held