chart, page-14

dcrowe23:

As far as ADI is concerned, I've sent them an email and they responded with an email to the effect that 'we are not going to tell you anything more than the minimum necessary because it is all so secret that it will destroy our operations' which IMO is complete and utter BS and only hurts the ADI, EKA, AUT shareholders and is proven by the recent price action.

My followup email to ADI's reply was never answered either. I find their attitude unhelpful, hauty, and a poor reflection on how they view shareholders.

Second, I suggest that you go way back when and review my posts. I was 100% correct back then and I am 100% correct now.

For example, I suggest that you review posts from December 2006 - you know when I stated:

"You really think that people are so DUMB as to believe that they could pull a fast one on local mineral rights owners by holding off on providing information?

IMO they probably know more about the well than ayone here on HC or ASF!

Wasn't that (secure the local mineral rights) the same bs arguement put forward by the punters in PSA with the Price Lake fiasco?"

Same horse, different names, four years plus down the track, but the same result: lack of information.

During my posting way back when I also stated that no matter how much 'research', hype of hoped for results, and activities by other companies the ONLY thing that mattered was actual flow rates and results.

So now FOUR YEARS AND FOUR MONTHS later we finally have some kind of grossed up numbers on a couple of frac's. Kinda took a long time to actually get some of that flow now, didn't it!!!

What about the actual detailed numbers, what about production tubing, what about the next frac's, when do we see some cash flow, etc, etc, etc.

It is now FOUR YEARS AND 4 MONTHS since the following was posted (ADI was 70 cents at that time):

Poster: exoil

"I'm getting a kick out of the latest HC commentary......

There appears to be 3 distinct views on the Sugarloaf well / ADI:

1. All doomed as it's just smoke and mirrors.

2. Looking promising to be north of $1 in a few months.

3. She's headed for $5 long term.

Time will tell campers.........I'm a happy investor for now!"

And by rice01:

ex,

"just for the record I am still looking at $5+ here.

IMO the secondary targets will be very significantly upgraded and some will be rather surprised indeed!

If New T comes in as well is see $5 as a nice support level.

As you correctly say, it won't be long before we find out who is right and who is wrong!"

And by AgentM:

"Intersting month ahead, plenty of doubters on the hosston, and plenty like myself are staying in for the long haul.

As rice said, time will tell. Some will come in early and look for the gains, others must be nervous and be making a call on whether the sands are productive or not.

After watching the video again i couldnt help but notice the elephants in the background.. i think it was couchy trying to hold them back.. only kidding!!

hope things go well for all."

Well I guess that things haven't quite according to plan, have they?

And again by rice01:

"The next few weeks will test the nerves of a few. Investing in small cap O&G explorers is certainly not for widows or orphans!

As we stand today at around 70c my take is this.

We have New T that has just spudded and looking at this prospect i see a greater chance of success than failuer based on the geology.

At SL we have a number of secondary targets, especially the Austin Chalks that are obviously looking to be far more productive than previously estimated. Why did they spend the best part of an additional $3m on the extra casing here I wonder?

These 2 alone imho will support a SP well in excess of 70c.

That leaves us the sands! Does anyone really think they would spend an additional $2m if they weren't expecting them to be very commercial?

Personally from all of my research and conversations I expect the sands to be producers in the 100's of bcf, plus the secondary targets and plus New T.

All in all I stand by my $5+ target and will be buying more on any weakness (if it gets back in the 50's) in the SP over the coming weeks whilst we wait for a completion rig.

Given how well this project has been conducted to date I don't think we will have to wait too long for the rig!

Regards"

And how about this from October last year from AgentM:

"heavy duty days ahead with news month in month out..

cant see adi sliding down any time soon.. i think the trend is to the .30's and then beyond as each completion increases the reserve calculations..

the wells are being prepared right now for fracs with frac plans already drawn up.. its only matter of time now for the completiosn to happen, novemeber is mentioned already..

imho some buying will happen before the wells get fracced, and there is not much stock available as plenty of the long term holders see the upside as $2

good luck to those selling atm.."


So finally after getting some ACTUAL numbers I bought in again and guess what? Right back to the future with regards to information.

I hope the wells waiting on frac's don't end up like SL and take YEARS or even MONTHS to frac to get some flow to sales(Easley is soon to be a one month wait).

I could go back and put up some of the other posts that were always positive and calling for extraordinary results, this and that price projection, but I won't: it is all there in black and white for everyone to see.

In closing I'd like to see a decent share price and upward movement in ADI and EKA of which both shares I hold, but unfortunately until the market is made aware of what is going on and actual numbers, the market will continue to mark down the price of both.









Exciting days ahead!