Canning Basin

A few weeks ago, LNC jumped because a journalist claimed it had the equivalent of billions of barrels of oil in South Australia.

http://www.proactiveinvestors.com.au/companies/news/39345/canning-basin-oil-and-gas-prospectivity-continues-to-grow-39345.html

Yet with BRU and OBL, there is nothing exciting at all!  If the above link is true, you wonder why the Chinese are not moving into cheap Aussie resource stocks.