I saw it as a positive anouncement even if the market totally ignored it.
Until today this assett was worthless because the time frame was so short now they have the time just need to attract a major with a big cheque book for a farm in and start drilling. Should be mostly free carried for AED I would imagine with at least 40% farm down hopefully still maintain the remaining 60%. I wonder who the interested parties are?
The targets look very big hopefully the start of something good for a change
AED Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held
