ADE
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0.00% 19.5¢ adelaide energy limited

advantages for alliance with bpt

  1. richrichie
    3,390 Posts.
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    12/10/11
    19:53
    Post #: 9132684
    Looking at the BPT/SNE announcement today.

    Here is clearly one advantage that ADE has with BPT: that is BPT will look after its ally companies.

    Quote: "Through its alliance with Somerton Energy and under the terms of the TOAG agreeement, Beach has the right, to assign a portion of its interest in this farmin to Somerton."

    http://www.asx.com.au/asxpdf/20111012/pdf/421q147xkk8vk8.pdf
    ADE Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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