"Do they have to release negative news straight away to asx?"
Yep any material news (Information which would be likely to affect a stock's price once it becomes known to the public) must be released as soon as it becomes known to Management.
"I just thought they were only fraccing one well and then moving on to the second if first was successful"
They were always going to "test" both wells re company statement - "The flow testing of ZJS6 and immediately followed by the testing of ZJS5 is to determine whether commercial flow rates can be established.................."Results will be reported as they come to hand."
And they looks like they will be arriving next week.
"Not wanting to be negative ........."
Doesnt hurt to consider all possibilities.
IMO
DYOR
Oscar
LRL Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
