Chart looking better, depth looking good, big parcel at 35 just...

Chart looking better, depth looking good, big parcel at 35 just taken out... next meaningful target 39 / 40c. 

Update from Canaccord...

Canaccord was pleasantly surprised by the performance of Senex Energy's Western Surat Gas Project in the December quarter, given it had some teething problems and GLNG's adjacent Roma project hasn't lived up to early hopes. WSGP production reached 77,000 barrels of oil equivalent, up 1/3 on the prior quarter. Still, Canaccord's price target on Senex falls 8.9% to A$0.51/share after paring forecasts for oil prices in the second half of this fiscal year to US$65/bbl, from US$75/bbl. "As a consequence of this, plus revisions to our product mix, we lower our FY19 ebitdax estimate to A$37.5 million," Canaccord says.