It getting to a point where you can assume the convertibles are...

It getting to a point where you can assume the convertibles are getting dealt with one way or another. They still have to raise capital to progress Lorraine, which doesn't look commercially exciting yet. Also, while the convertible rollover is not confirmed it has been strongly foreshadowed in previous announcements.

This gets me to thinking something else is going on, either a farm-in to drill for shale gas or a shale large project producing good results in a nearby tenement.

Just my opinion. The upward price rise is great news for long suffering believers.