Addendum,OilGoldGas has posted an AUT comment on the AUT bb...

Addendum,

OilGoldGas has posted an AUT comment on the AUT bb which is well worth looking at. ADI has a stronger cash position vis a vis its potential financial obligations post farmout.

There is nothing major in the comment but it does confirm the picture.

AUT comment that they expect all of their free-carry wells to be completed this year. If Hilcorp mobilises another rig for Longhorn/Ipanema, that suggests that there could be further Sugarloaf wells also: 2-4 depending...Have to wait and see. Could be a very merry Christmas...

All ifs etc but its good to see at least that it is not mission impossible.