hey guys, been looking into ADE and just wondering if the area would be at risk from a backlash from fracking?
Just a bit concerned as a few days ago I saw a news clip saying that shale gas operations has contaminated bore water or something like that in a certain area. (It was on perthnow.com.au but i can't find it anymore)
In fact i think in the states one of the big companies bought shale with a clause saying that should shale be banned they are exempt from paying the penalty for termination.
However i still think Shale is a good punt.. just that i want to know the risks involved should the greens roll in some more crazy ideas.
ADE Price at posting:
14.0¢ Sentiment: ST Buy Disclosure: Not Held