Had a chat with a broker. He said there is an across the board sell off in resource stocks. Knee jerk reaction to super tax. All stocks getting sold off regardless of whether Australian operations or overseas. Just have to look at the indexes. Resources getting hammered. Not happening elsewhere.
And yes, expectation built into the JPR price and short term punters bailing after seeing all the selling.
initial flow rates of 750bpd, page-65
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