Success at Manora-5 would have been a bonus.
There was nothing built into the s.p. ahead of it (the last rise was related to Tallaganda) - success would probably have just got us closer to 80c.
Agree that the announcement, the fall in the Dow and the oil price will probably see us breach 70c, if only fleetingly, on Monday.
Doesn't change the long-term prospects or value in any way imho and will just represent a buying opportunity.
tap alert, dumping before announcement ?, page-12
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