Ade have their other prospects still remaining. With funding in...

Ade have their other prospects still remaining. With funding in place now, perhaps they won't have to sell off their gas storage on the cheap? Plus they will have the funds to progress PEL 105 later this year.

Remember too that the recent contingent resource booking was just a starter so a lot of upside there.

The compamy needed funding and if this deal had not been struck then we might have been looking at issuing another 150m shares at say 10c and that with no guarantee of success.

Would now like to see the company generating a decent cash flow from its producing assets, and also have some success with the drillbit.