We have always known that there will probably be no positive news about flow rates until at least May. A lot of posters still seem to be in dreamland and think it will happen tomorrow. It takes time to dewater such a large area of influence and the SP will not rise significantly until we see an increase in 2P.
H I can't agree that we can blame the levelling off in SP to the placement overhang. I would expect that most placees would be longer term holders not quick traders. The reason is more likely to be as I have expressed to the impatient Wis above.
P
ESG Price at posting:
77.5¢ Sentiment: Buy Disclosure: Held