Esteon is 100% correct in my opinion. You would be very very wise to listen to him.
How many dry wells have ADI got so far. Exactly none. How many have hilcorp stuffed. Exactly none.
Why on earth would it be valued below fully risked 45c. It has to be closer to 75% unrisked = 75% of 1.88, + the reserves upgrade.
At least $2.00+
Fools will sell.
could hilcorp buy adi, page-5
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