Agree mickeebee. nothing new.....almost disappointing...why?
No mention of upcoming drilling...
The Origin JV are waiting still for the specialised rig to start drilling the deep (3,600m) uncon wells, due to start in Feb sometime.....and not mentioned is the status of forthcoming drilling of the PILOT well in the WSGP , which was mentioned in the 2nd Dec report......
I'm rather pised off, non of this was mentioned........yeah I get its an actual drilling report, but mentioning forthcoming drilling definitely helps.
Despite drop in POO, which is based on ran offloading stockpiles stored on tankers out in the sea, today we will API numbers...blah blah...
Senex should still hold....30c by weeks end. Which will form a very nice support IMO...might be 3 or 4 weeks but .35c is in sight, and once we break the previous high of .332c ....we are well on our way to .42c IMO as there is no other resistance in sight.
Patience, but its a nice risk / reward trade on the percentages should it play out over the next 4 weeks.
My money is in, and my post is all spec and IMO.
P.S - haven't heard from CEOchair for awhile. R U on break or lurking in the shadows old mate !!!
SXY Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held
