With a potential of 13 bcf and AUJ stating the current mud log recorded gas shows are better then expected is extremely encouraging!
Once the extent of this huge gas find is revealed it will dwarf recent finds by GGE and SSN etc. The target is enormous and with only 40 million shares on issue any increased volume on the buy side leaves sellers in control and the SP races up. When the big buys come through closer to the wirleine log results being announced stock will be soaked up real quick.
AUJ Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held