Overtime the ASX will lead the way on this due to sizes of the shares on registry. The major issue is it has no broker following yet in Aust.Once that changes we will see a stronger lead.
It was a vg ann today but the devil,over time, will be in the detail. That detail will be flow rates predominantly. It is flow rates that has drawn the major skepticism to date.However until those results are released it is guess work by both sides but you do have SEH as a vg guide.
Significantly they expect to approve the drilling of 2103 program ,including the third and other wells, by end of Jan. It appears they are very keen to go beyond the initial 3 wells.So far so good and still with 17c cash after drilling.
Overtime the ASX will lead the way on this due to sizes of the...
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