Based in europe and been watching play since last night. Slightly muted reaction in uk as most punters dont umderstand non con process and were expecting fotos of frank fu with a 50ft gusher behimd him!
Concensus view is uk instis wil buy on ptve z6 commercial flow and if price holds above 20p.
Lot of doubters got hung up about 125k cf and misumderstood the 8 hr flow test and 20 bpd equiv. Firstresults look comparable to seh initial numbers.
Could see a z6 ann before fridays agm imo. Expect slightpullback in uk to,morrow but will depend on how asx reacts tonite. Interesting to note little oz insti support. How will they react? Cheers Griz
LRL Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
