"market perception of the fracking is irrelevant as it is not the end game" ....agree but it does have to flow in some way. So I get the point that the bigger game is asset value and proving up of potential flow rates, recoverable gas etc, but in short term the "market" will be looking to see they it can indeed flow.
So fingers crossed it flows to some degree, even if small, to prove that fracking can work on our ground. You would think given recent notices that management are supremely confident of this (IMO)
Then we move to the medium term view which is acreage values and farmins, or takeovers !
Not far away people.
ADE Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held