Just a long yawn? They have managed to struggle up to 15.5c but have to get to 18.5c to set a new yearly high.When CTP eventually start on their first well in NT there should be more interest,especially if they find something. In the meantime the de-comissioning by Santos of the 40 year old Moonie to Brisbane pipeline,as a result of leaks and cost of repairs , means that any production from that area will have to be trucked in the short term.
RAW Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held