Hey people should try to read this another way on the release... " In the drilling of the new Seaclem-1 well, Advent has collected a considerable volume of valuable and new information about a previously unexplored area offshore the Australian east coast".... PEOPLE are they talking about a new area...NO, the wording is making people believe different place, the previously unexplored area is the one they have been drilling this last week or so. They also go on to say it has to be further tested, which is what they will be doing from now till the 4th of January, they are 85% now, so they have control and the big boys can play with them if the findings are worthwhile.. They also stated on the last release, in small print, re read it, that ADVENT is increasing interest in PEP 11 to 85%, so they don't have to make a release about that as some have stated, and they have also released based on what they KNEW it would be P/A.. so the new news will not be either of these 2.
MMR Price at posting:
69.0¢ Sentiment: Buy Disclosure: Held
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