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what a difference a day makes - keen buying

  1. 16,040 Posts.
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    After Friday's half yearly report the buyers are certainly back - quite a turn-around. So much good news and NW Moran looks like a goer. An upgrade to reserves if it happens will have an immediate impact on the sp IMHO. We should be looking at $1.00-$1.10 on that news, and I can see a long gradual climb so long as POO stays strong. A significant rerating will also happen if the pipeline gets up but thats only a remote possibility.

    Cheers

    H
 
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