It keeps bouncing of 49/49.5 pretty well - buys just keep appearing when it gets to those levels. It tried its hardest to go lower this morning until the sellers realised it had bottomed for now.
Next support IMO at 41-42c, rather large step down after that to the low 20's + whatever the value of the un-farmed LNG is at WA360-P because the only way it is going there is if the farmi-in falls over.
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