Yes bobbyl, I think we have to keep reminding ourselves that bhp...

Yes bobbyl, I think we have to keep reminding ourselves that bhp paid 4.75b for 20tcf recoverable and this is looking very similar apparently. Also if they are buying and many of the other major corporates are looking at drilling shale then the oversupply issue is perhaps not even a factor. Like all investments you have to try and pick holes in them to evaluate the risk / reward. To me the risk / reward is compelling for ade. Just not sure if this moves to 50 cents or $3 on proving this all up. Given the competition that is now coming into the shale sector it may just be a case of spreading the investor dollar a bit thinner than it would have been otherwise - that's my only issue with the degree of upside we see. None the less it should be substantial upside on proving.