It will be interesting to see how far they push HNR if Dana...

It will be interesting to see how far they push HNR if Dana announce Pelican first in London. That will test them because they wont be able to follow the lead from the ASX.

I reckon the premium paid in London is due to the time difference and hence delayed receipt of announcements and because of this a buffer has formed. What it may tell us is the Poms follow the ASX lead but have confidence in HDR and its future and expect continued good announcements but due to common sence HNR never break too far from HDR. When that premium starts to disapear it may be a sign the poms confidence is disapearing.

Cheers.