From the quarterly: "Planning and technical work continued during the March quarter and is very advanced on the SM 74 Block".
I think BR 232 being knocked back would be a very big negative for both parties. OEL may well just be reacting to the 121 conference presentation the other day, along with the what appears to be the end of the Santo overhang, and possibly the market waking up to the P/E being below 2....
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