Todays announcement is a very positive outcome, the lower Capex...

Todays announcement is a very positive outcome, the lower Capex is significant. The previous Capex and to lesser extent the Op Cost were real turn offs and made the project marginal at low end coal prices.
I repeat - huge positives this morning for this very good asset.
The problem for CLR is sentiment in a macro sense - Europe, Coal etc etc. Sentiment at company level is also a problem with Helmsec spruiking the stock relentlessly and they have little credibility given its performance.
An external catalyst for CLR and unrelated is if the Tinkler bid for WHC gets up then maybe that may set a new benchmark/ confidence for corporates to start a coal M&A / investment cycle in coal?