I think we saw a bit of selling ahead of Ungani North before,...

I think we saw a bit of selling ahead of Ungani North before, and not surprised to see it again ahead of the re-entry. Odds are against success and same for Cyrene and some short termers will always prefer to be out of things during drilling of high impact wells. And given Buru's fantastic run on drilling to date, I wouldn't want to bet against them beating the odds on Ungani North anyway.

But with so much else going on with Buru, if they are counting on much of a price fall on any individual well failure I think they may be mistaken. And in the meantime, there's always potential corporate activity, Goldwyer results from neighbours etc that might be pushing the price upwards leaving those punters out in the cold.

Regardless, any pullbacks will be temporary I expect. And of course success on Ungani North will set it on fire. In the meantime, let's hope the logs at Asgard will be confirming what we expect to hear tomorrow.