I think not! The market should have reacted positively to the news of the drilling and would have at least held ground or moved up a little on expectation of good results. I have been around long enough to know 'Buy on rumour, Sell on fact'
No the price is moving downward not because of lack of drilling but because of all the new questions starting to be raised. Regardless of whether the issues are based on fact or guess, this will cost both time and chew into the spp funds meant for drilling if it comes to head.
IT is quite simple...The price is going nowhere because of the likely hood of increased risk.
against the tide, page-5
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