As usual of late there has been little pre-spud/pre-result ramp up of SP, with the minor rise to 70c (following previous fall from 80c) likely just those that took money out to use elsewhere coming back in for the result.
Given that we know oil is in W. Seahorse, this should already be factored into the SP, though doesn't seem to be yet, in which case this should be a screaming buy, and SP should be well over $1 by now. What am I missing?
As usual of late there has been little pre-spud/pre-result ramp...
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