I was a little concerned about news from Myall Creek until yesterday. Great news that the fishing expedition was a success. IMHO, the well is back on target and I expect the next news will be when they have successfully fracked all the intervals (4th and 5th to go).
If the well flows at high levels due to the multi-frac and is rich is liquids, we have a blueprint for future wells and we should see the SP react positively.
GLTAH
AJQ Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held