ADE 0.00% 19.5¢ adelaide energy limited

Thrumy, you regularly suggest the sale of the shale assets...

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    Thrumy, you regularly suggest the sale of the shale assets etc.....is this solely your view or have you had discussions with management about this side of it too ? Obviously they can't say anything sensitive, but do you get the feeling that they are very confident that this is what is going to happen with this ? (for ade's share anyway).

    Just trying to determine If it is likely that someone is already lined up for our acreage and what might be the trigger point for them to throw an offer.
    Obviously the flow results are number 1, but after that what will a potential acquirer wait for before throwing an offer our way ?
    As you said yesterday - you think that is a late 2011,early 2012 possibility. Why do you think it is so soon ?

    Thanks
 
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