Abers,
Ideally that should b the strategy. However, at 10.30 I anticipte them to announce re: the final depth & what they hit enroute, i.e., rock, gas, water etc.
The complete story will only b known after they run the complete WL log suites. It also gives them time to crunch the numbers in their vol estim model.
Junglewoman,
I dont know why MEO's SP aint doing what XTR's is!! I am not a nummbers man or chartist, got rocks in my head simple as that. The price will follow if the ann'mnt is good, IMO.
I think its bcoz most buyers are vary & have been burnt in the past esp. at Heron & Blkwood, when the SP flew from 20c to $1.30 & then got to 79c before dropping to 13c & bouncing to 35c (this is pre-GFC days of course).
I'd b more then happy to see this trend reversed & see a straight curve starting at 22c & then inching up.
Now that would b marvellous, bloody marvellous!!
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