aed true potentail

Aed announcement on Friday was a great one that has not, in my view, recieved the full attention of the market.

Aed was at 45 cents while waiting for the testing results of the well, when some water column appear in the lower zone the price plummeted to 30 cents.

Now it seems that all is well, gas has been flared from both upper and lower zones, the company is confident that it has a commercial discovery, awaiting of course more analysis.

the water column in the lower zone is isolated to a single source, and the rest of the zone is producing dry gas, mobile hydrocarbons. that is coming freely to the surface.

so what is the problem?, to me, so far none. the company is on the way to achieve what it was going to do , further testing and preparing for production.

remember this is a company that has around 40 million in the bank. the value of one of its assets Puffin is more than the company entire market cap

after Friday announcement. it is clear this is way undervalued.

dyr