The "good" was little more than reassurance and reiteration, hardly "news". You can hardly expect the monthly variations in production to drive WSA sp, in fact some might say the lower the better, best kept in the ground for when pon is better (but most of us are reassured by the cashflow that production represents).
The only "news" was bad news, that was the massive reduction (albeit prudent) in exploratory drilling. That means the exploration news flow will be drastically reduced going forward. Chances of Quoll eggs being found in 2009 fairly low now.
Company seems to have it's act together for these tough times.
EL
WSA Price at posting:
$3.07 Sentiment: LT Buy Disclosure: Held
