I'd expect the SP price action to increase once Beach have fulfilled their farm-in commitments to Icon's satisfaction and the contingent resource booked - Planned for Q1 2013.
BPT's 'Strategic Investment' in ADE was announced 5 days after PEL 218 contingent resource booking.
Flow rates might generate a bit of excitement, but not much till then IMO.
All just IMO of course.
halifax of bust? down the memory lane., page-8
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