yes the article is good, but yet again ADE does not get coverage in these media trips. Probably due to low level of holding.
As far as he reports, these are the companies to watch:
Beach Energy (BPT), AWE Limited (AWE), Norwest Energy (NWE), New Standard Energy (NSE) and Buru Energy (BRU). Sorry ADE not mentioned anywhere in the article.
From the above in which he comments, I have not done much research on NWE (market cap $36.6 mil at 0.05 per share) or NSE (market cap $33.4 mil at 0.18 per share) but with a low entry price recently they might be worth a punt.
He pretty much sums up by stating the Australian shale gas story is yet to get much traction because shale ends to be a small part of the gas exploration effort by most companies, and because it will take some time to commercialise any discovery.
For investors though it is well worth following given what?s happened in the US, and reinforced by last month?s EIA report which can be googled.
amok
ADE Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held