12-18 months ago the technology for extracting the condensate has changed, its got better.
I never had the opportunity to enter this stock 12-18 months ago, so I dont share the burden of being frustrated with its performance. But in hindsight I agree with Nursery, what would you have done differently.
The company outlines the potential of the area, many other large majors have sold off other assests to buy more in the Eagleford area.
Whether it be by research or good fortune (i believe the former) ADI are in the "hottest" play going around.
ADI Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held