Emo, I shot off an email to Guy, on the day of the takeover announcement, asking what he felt the effect of BPT taking over ADE would have on PEL 105 and he replied that he was not able to comment at that time. Normally he is quite willing to answer questions, so read into that what you will. Perhaps he is now in a position to be able to comment. As to the speculation, regarding possible T/O prices, I would not be happy with anything under 10 cents and even then I would be reluctant to sell. With a good result at Eagle Ford, we could see the start of a mark up process and prices of 3 - 6 cents will be a thing of the past. IMHO
AKK Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held
