feels like a shakeout, page-14

Still accumulating and I for one will be going to sit in a room of mirrors if its gets to 35c as suggested.

I'm not waiting for another PES however.

All WCL needs to do is book the 2p reserves they are targeting and the sp will look after itself.

Always a risk they don't, but just looking at AOE's activities report and detail on Moranbah and its all positive . No sign of problems around Moranbah so the recent WCL update of gas flows ahead of expectations from the P seam is all good.

Pity about the markets.