Do they have to release negative news straight away to asx? I just thought they were only fraccing one well and then moving on to the second if first was successful....now it appears they are already fraccing the second.
What is the chance that the first has not been successful and they've moved straight on to the second so they can release both results and at least one may be positive?? This would account for the delay.
Not wanting to be negative as i've been in lrl for a while and would love it to absorb some of my losses on the likes of tpt and pvd! Just want a view if people think they would even be allowed to do this or if they have to release the first well results if they know they are negative?
LRL Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held