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waiting for news - buying stopped

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    After the PNG National article (speculation?) on the "Gas sector frenzy" of Friday, it seems that the market is waiting for confirmation that good news is in fact to be announced. There have been so many false starts with the pipeline that no one will believe yet another rumour.

    I wonder when the Exxon boys are presenting to the government? Anyone know?? Its interesting that all parties have been summoned - and that the methanol project seems to be haeding towards a decision at around the same time as the pipedream. Could be an interesting day or yet another fizzer.

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