I've certainly got no problem with ADI marshalling its resources to meet initial cash requirements for the development of the acreage until it becomes self-financing and then provides cash flow for new projects.
I'd be a bit concerned if they were doing otherwise. There'll always be new opportunities out there. They might do something else with TCEI - you never know. Also, they have been gaining experience of that kind of resource. Do we really want them roving the world looking for other projects that will have their own learning curves? The junkyard is full of corporate skeletons of companies that tried to do something different or tried to do the same thing but somewhere else.
ADI Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held