those who didnt agree with me on bpt alliance

Wrt to my previous posts on the benefits on the BPT alliance, today is testimony to my pay day. I've held this over a year since entry at 6c.

I strongly believe in BPT and PEL218.

Going forth I think with ATP855, BPT will further gain interest when the first $16m carried free cost exhaust. ICN will either do a massive capital raising in 2012 or give up further interest in ATP855 in return for BPT to assist in ICN share of the costs.

I suspect BPT will renegotiate the terms on the ADE-BUL farm-in for Marybourgh Basin.

I also have belief that BPT could sell a stake in PEL218 for a good premium (possibly to Japanese parties) hence ADE underground gas storage in SA is a strategic asset.

Well done BPT and ADE. Well done Carl. A loyal BPT and ADE holder.