It is probably the analysts who are still pessimistic about the australian shale story. Once more data about flows n resource size is known they might revise their positions. Not helpful that a lot of people thinking that shales are in isolated areas with lack of infrastructure. Cooper basin has pipes running through em.
I'm happy to wait. Hope the Americans can sort their short term debt issues. However he august 2 is not the actual default date as they have received higher than expected receipts to last them till august 15. Republicans playing hardball.
ADE Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held