ADE adelaide energy limited
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ADE has 20% of this permit which is next to PEL218. There is a...

  1. Antman4
    2,183 Posts.
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    08/01/11
    20:55
    Post #: 7705803
    ADE has 20% of this permit which is next to PEL218.

    There is a farm-in agreement in place which will reduce ADEs participation to 7.5%.

    Does anyone know the terms of that agreement?

    Thanks in advance.

    PS - Does anyone know why ICN has a market cap of $100m and ADE $40m...
    ADE Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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