If ICN stated that they expect to start drilling Stitch tomorrow then why the drop in sp today ?
Some possible explanations for why the sp dropped today:
-people forced sp lower to hit peoples Stop Loss and accumulated at lower prices.
-Stitch might not be drilled tomorrow.
-The 2nd CBM well might not intersect Coal.
I hope the first of the above statements is the case but as usual we will wait and see.
Just trying to make sense of this.
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