Was EPE overbought on Friday or oversold today????
A dst was done on a 12m interval at the top of the hutton sandstone formation. Im not saying it was a great announcement but it certainly wasnt one of doom and gloom. Nulla Nulla is still alive and with 600m to drill and further dst's likely prior to total depth, all is not lost.
Yellowbank may add some further value next week.
Traders bailed today but there was enough interest immediately following the announcement to think tomorrow could very well see EPE move higher.
Cheers.
EPE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
