The current well drilling has a completion date of around 18th August. Even with excellent results and a positive announcement, with the current market sentiment and some company's SP dropping even on good news, what do you think will happen with EPG around this time?
I know what we're all hoping for, but I'd like some honest feedback.
It'd be a shame if a good announcement was made and it only gave the SP a slight hiccup from it's current spot (which at this rate could be further south from here). I thought the anticipation of appraisal results in an area that "Enron determined 6.9 trillion cubic feet" of gas would push things up a bit, or hold it steady.
And if the appraisal results aren't good... [shudder]
EPG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held