coming 6-8 wells on sugarloaf in 6-9 months

In aldephis defence of ots takeover they have let a nice snippet of info slip.
"
Strong cash position of approximately $9 million following the over-subscribedcapital raising completed in May 2010. This has resulted in Adelphi being fully funded for the coming 6-9 months of activity, including 6-8 wells -----"

Thats new information 6-8 sugar loaf wells in the next 6-9 months. It also mentions something about a 250 well program commencing in 2010 /2011, which is very exciting. Explains a lot of why ADI did the cap raise and EKA as well.

Looks like thier going defensive and will require a higher offer to entice directors to jump ship.