G12
aWE will benefit from East Coast prices from also from Bass and Casino so in that sense I hope you are right about East Coast prices.
As for lattice refectimg AWE valuations - that is simply not true - ORG have certified 42.5m 2 p reserves for watsia , and that is what they are selling . AWE intends to increase the reserves post this round of drilling. They have stated they see no sense inncreasing reserves now and then again in 3-4 months. My point is there is another arguably 11-20m BoE of 2 p reserves not yet booked for AWE
AWE Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held