pre nr, page-15

OneEye. I have absolutely no idea how to understand this casino of a "market" What will make our S.P. really move. Beach's SP dropped??!!

It will take a recognized journo or "analyst" to explain the details of how good today's result will end up being. IF, again, I am prepared to wait until that "if" becomes and "when", Halifax-1 will be the firing pin of what will turn out being the START of the "next big industry in Australia." Shale gas from the Cooper Basin.
And the BEST part, the sweet spot, is in 855 and ICN OWNS 40% of it.

The rest of the market is playing catch up and also all shorters having to rush back in, so, we are seeing the perfect storm with the overall market. But, storms pass. All the real money will stay in there until all the books are cleared and then we might see some money coming back into the speckies and the O&G companies that have been totally ignored in this run.

They won't be able to ignore Icon for too much longer.

Let's just watch and see, but, nobody should underestimate what we have in Halifax-1 and 855. World class, without doubt.