ADI AUT EKA

Ann: Sugarloaf Operational Update , page-60

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  1. estseon
    1,655 Posts.
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    22/02/10
    19:58
    Post #: 6362040
    That rate of drilling is probably not fast enough. At 10 wells a year, it will take them over 20 years to drill the acreage and current technology appears to expect only 20 -25% recovery of HCs in place.

    There still seems to be a bit of trailing of the share price after recent rises in ADI.
    AUT Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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