Ithink this one has been seriously oversold on the disappointing Turkey news/progress. However, one should also be looking at the recent major rerating of Adelphi primarily IMHO on the strength of the outlook for testing of Sugarloaf. Given the differential in market capitalisation between the two, it looks like EKA provides more leverage to that. I realise that ADI also has New Taiton drilling etc., but that is a two edged sword and success is far from assured.
Good luck to holders...let's hope the SL testing starts promptly in February.
regards DF
EKA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
