sushi, do you think it may be possible that ADI needed to commit (with cash) to the forward drilling program now, or that it may have helped with an solid commitment and investment in a forward drilling program if 100% of the JVP has 100% of the cash needed now to fund it? Your point really only holds up if there's no mention of what's going to happen in 2011, and how the 5m will be spent. I don't think that's going to happen. Watch this space.
ADI Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held