Consolidating going on for a while now but ATM its fine. So many of the EMA's are congested together about the 37.5c level.
IMO the is a breakout coming from all that built up pressure. Any breakout will be news related I would expect.
Vanessa gas field MUST be due to come online very very soon (see the half yearly report) also every week we are apparently moving further along the P50 curve = increasing production rates exponentially.
The bigger issues requiring clarification are Phase 2 WSGP ..... funding. That is a price driver and less significant would be land access and other Gov't permits around Project Atlas.
IMO the most immediate is production rates for Phase 1 and info that Vanessa is contributing to cash flows. .... Bring it !!!
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