sellers are definately thinning.
Just accumulation prior to Mauritanian drilling campaign.
Plenty of support and i'd have to say one of the safest stocks to be holding up until Mauritania. During and after drilling is the unknown factor but like most I believe Mauritania is an oil province.
It wouldn't surprise me if Woodside attempts a T/O before drilling begins however not expecting them to. I personnally wouldn't be in it unless its a 1 for 4 ratio which wouldn't happen until the fields proven.
Good Luck all
regards,
xmagx
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