read well - latest announcement, page-38

Ahhhh very good point. This was a huge error on ADE managements behalf. How could it be sensible to give someobe 20%, regardless of price, of some asset they are 1) drilling and doing the leg work for you 2) has assets in very close proximity to yours? It was a mistake to offer any options. And im telling you now, if Beach offerred 30c to you ADE holders now, you'de think "naaaa, lets hang in there!". Its the nature of the beast