Well it doesn't take too long to work out this could provide...

Well it doesn't take too long to work out this could provide exceptional returns in the next few weeks.

3mmbl * AUD90 = AUD 270m
Production Costs AUD 135m (Say 50% of Revenue)
Net Value to ADE AUD 135m

Fully Diluted Shares 99m + 61m options = 160m

AUD 135m / 160m = 84 cps
Cash 11m / 160m = 7 cps

Total Value on 3mmbl = AUD 91 cps

Very crude valuation I know but it makes the reason why this is a buy at 18 cents apparent. To this we must add the other projects, of which West Florence in the US looks like it will be a producer also. This could take the valuation over $1.00 per share fully diluted.

I rest my case.