In relation to the resource booking ann... it needs to be audited and reviewed by JV partners. My guess is within the next 3 working days but numbers are most likey known already.
Market is really bad so you gotta factor that in as well. I hope they ann it next week. Starting to have talks about a stimulus from the USA. I don't think they have a choice.. plus election is looming.
Conoco is aiming to triple australian shale assets in the next decade. Things are heating up http://www.bloomberg.com/news/2011-08-02/conocophillips-to-launch-browse-basin-phase-2-exploration-in-q4.html?cmpid=yhoo
ADE Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
