It has been frustrating as we all know the potential of the JV with BPT and how much value this could be worth based on what BHP paid for shale gas in the US. This is being de-risked more and more each anns yet we are still barely holding onto 13c. Maybe it wont take off until someone makes a big offer and we get a real value for Pel218. At what stage would a major be willing to pay the big bucks for a piece of 218?? I guess it could be 2moro or it could be next year or not at all. Time will tell and good luck with what ever decision you make.
ADE Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held