Ann: Armour Energy Updates its Northern Territory, page-6

re: Ann: Armour Energy Updates its Northern T... My take from that announcement is Armour have managed to define additional conventional targets around the sub glyde region that doubles their initial independent estimations of 130 bcf to now 257bcf or 314 Pj..

My take on the markets reaction and trading today to be very positive, doing great volume and pushing near 40c mark before being pushed down when buyers backed off with lighter volume.. Same deal in afternoon.. Most of buying being done around 39c.

Any opinions on trading trends a little unusual for people to be selling off into this IMO significant news. I figure it must be somewhat strategic..

Or are we just bouncing off 40c resistance level..

Im very happy with the way Armour is travelling at the moment.

Also when do you suspect an update on Yallourn will come next week I suspect we are due..