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clock Created with Sketch. 24/07/22
23:50
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Originally posted by TwoFreshPlums:
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centaurians, although i've been hibernating (waiting for this market malaise to pass) i've still been keeping an eagle eye on the trading action. the recent bounce in price off the .865 resistance line i think can be attributed to MQG initiating coverage (only because there's no more WSA) and to a bit of a leaky boat before last week's announcement.
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I'm not too concerned about the regional drilling at present. The focus is on the 15 rigs double shifting to maximise what's in the next MRE and subsequent BFS. In the current climate, that's exactly where the focus should be... The rigs will then move on to the greenfield targets. moving them earlier would limit the MRE and potentially put downward pressure on the SP by not meeting high expectations.
(20min delay)