Thanks for that summary. On the balance of probabilities it certainly appears as though this will not be a P&A. Let's hope it flows strongly and we see the share price approach $1 or more.
I think if this well is a solid commercial one, the floor will be set on the ADI share price as there are multiple wells to be drilled and 30c will be but a distant memory not to be seen again. This story finally might be living up to the potential when Sugarloaf was first drilled in 2006.
I'd be reluctant to sell any of my shares at under $1.50 as the potential for higher than that would seem a formality once the multiple wells are drilled.
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