This is looking like a risk on with US election, economy to start moving etc etc Also looking like some of short position and options will be covering in such a move
Now just what is happening on the ground in PNG -COVID- PNG will possibly be in real trouble due to poor medical facility, low education level, migration to city - they will return home in fear, police & army under resourced , transport, poverty etc. If they don't test and know where it is that can't lock down areas - Political insecurity - well there always is - still no decisions on leases? -porgera - still up in air but a bit close but no one knows the deal that in theory will shape deals any one else can achieve.
USA - Alaska - just what will Biden really do? When can he do it ?
Lots of competing forces tugging in all direction with OSH