The thing is though Rexsh, where's the cash going to come from? I doubt production from Holdfast and Encounter isn't going to provide enough cashflow to bring the nappamerri trough assets into full scale production. Does ADE have any other cash generating assets?
Also sorry lads, my previous post I had marked as position held but I don't own ADE. (force of habit as I usually only post on stocks I own). Been watching ADE with keen interest though!
ADE Price at posting:
14.5¢ Sentiment: Buy Disclosure: Not Held