Not just any indicator but a Keith Nielsen indicatorWord is placement for 5 mill extremely oversubsrcibed.
Origin energy wanted to take the whole 5 million $ worth.
Company has now decided that with demand so strong they will increase placement from 5 mill to 15 mill$
Im guessing drilling is going ahead well, and for origin to take up the 5 mill is a very strong sign.
Will be plenty in the kitty now to get pilot plant up and running...should see $3 + by then especially with current oil price
buy on weakness imo
origin taking more
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