PXX 8.33% 1.3¢ polarx limited

Ann: Response to ASX Price Query, page-57

  1. 1,623 Posts.
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    @oligarch is correct, there will be an announcement updating the market on the drill campaign next week. But who knows what it will say about success or otherwise at Saturn.
    Personally, I think the bar for "success" has been set so low (at least in the eyes of punters who want a discovery hole right away) that it's almost certain that news, from the company's perspective, will be positive.
    But Lundin has until the end of the year to agree to the JV so it's possible the market will sell off on the news.
 
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