Australian (ASX) Stock Market Forum

ADI - Adelphi Energy

:)

Hi chops,

..... you can thank Mr Gann and Sepharial for their
astroanalysis of the markets and their theories on
"vibration", attributable to each stock ..... :)

Just google Gann and Sepharial for truckloads of
good information.

happy days

yogi

:)
 
yogi-in-oz said:
:)

Hi chops,

..... you can thank Mr Gann and Sepharial for their
astroanalysis of the markets and their theories on
"vibration", attributable to each stock ..... :)

Just google Gann and Sepharial for truckloads of
good information.

happy days

yogi

:)
Lol!

No wonder your forecasts for next year are so negative.
 
i get the feeling the sentiment on the stock remains positive.

for me the flowtesting is a mere formality, I cant and wouldnt discount that TCO didnt do anything other than look for the best case areas for fracing in the primary, and having done that they have had very some very low risk criterium and cut offs to make the call on the workover, they would have been brutal in their numbers and made it so that only commercial flow eventualities would be used to calculate and justiify the process and spend the 2 mill. with the JVP's and to go to the workover..

i would say that because its a wildcat, and to stop any mad speculation, only the best case plays were announced, and there could be many more shows and plays that were made but not announced and that many of those could be potentially commercial plays also after workover. its unlikely the exact number of shows and plays would have been announced, adi has never denied they didnt announce all show, as with the GDN senario being played out, it is very obvious what sort of damage you can do to both your reputation and the sp should you reveal everything on a wildcat.

over all, the only plays announced were the obvious commercial plays, and those have now been heavily scrutinised, and from them they have wittled it down to places of interest that they would know are only going to flow commercial rates.. later i believe they would be looking closer at other areas, but currently we are going to get commercial flow at very good numbers in my opinion..

Its been very quiet from start to finsh on SL with most of the hype coming from the forums, some crazy guy called agent m constantly telling everyone that the sugarloaf prospect was worth a good look... and then since drilling has been completed we can see that the stockbrokers are now up to speed on the situation and quietly spreading the word..


There is no doubt in my mind that the ability of TCO to deliver commercial flows on sugarloaf is well within their capability and expertise..


Its a fine sience, and the geology of this masssive play is not as well known, so the imminent flowtest will give the JVP's the clear ability to change the status of the well from a wildcat to a new "discovery"... once that is announced the excitement of a new play type in the hosston sands will be very very exciting.. i imagine many will start looking around for similar plays..

The absolute success of the well so far has been based on the idea of going for multi level plays when drilling to balance risk. The idea is and was sound, but when you get success in all zones of interest then suddenly you have a market unable to understand the value of the find..

hartleys did a great attempt to remain extremely conservative when trying to value it. and for me i am excited to be invested in such a world class play.

I imagine the workover rig will be as good as the drilling rig, and the crew will be as good as it gets, the significance of the find is too important to leave anything to chance, and the long extended wait for the best rig and crew to drill sugarloaf will be replicated, i believe, in the case of the workover crew.
I cant imagine anything less than the latest and most up to date technology will be utilised from this point on..


as an investor i continue to accumulate and will do so some more as soon as i can, allowing for 12 month cut off dates having severely restricted my current buy in program...
 
From the ARQ asx announcement today

Title: Open Briefing . ARC Energy. Recent Drilling Success & Program

corporatefile.com.au

ARC has a 26% interest in the ASX-listed Adelphi Energy. Adelphi’s share price has performed very strongly in the last 3 months. What are the various initiatives Adelphi is pursuing at the moment?

Adelphi has had considerable success drilling large, deep prospects in the Gulf Coast of the US. The current well, Sugarloaf 1, is a gas discovery that is yet to be tested. Adelphi expects Sugarloaf 1 to be tested in the next six to eight weeks and, given the log data, we have some confidence that the zones will flow gas at a commercial rate. However, it does need to be tested before being declared a commercial discovery. Adelphi has also just spudded another well, Ilse 1, on a prospect called New Taiton. New Taiton is in a highly prospective area although it’s a smaller prospect than Sugarloaf. It has a well developed seismic signature and we’re hopeful it will be a gas discovery as well.
 
Agentm said:
From the ARQ asx announcement today

Title: Open Briefing . ARC Energy. Recent Drilling Success & Program

corporatefile.com.au

ARC has a 26% interest in the ASX-listed Adelphi Energy. Adelphi’s share price has performed very strongly in the last 3 months. What are the various initiatives Adelphi is pursuing at the moment?

Adelphi has had considerable success drilling large, deep prospects in the Gulf Coast of the US. The current well, Sugarloaf 1, is a gas discovery that is yet to be tested. Adelphi expects Sugarloaf 1 to be tested in the next six to eight weeks and, given the log data, we have some confidence that the zones will flow gas at a commercial rate. However, it does need to be tested before being declared a commercial discovery. Adelphi has also just spudded another well, Ilse 1, on a prospect called New Taiton. New Taiton is in a highly prospective area although it’s a smaller prospect than Sugarloaf. It has a well developed seismic signature and we’re hopeful it will be a gas discovery as well.

Positive report for ADI, and it sure high lights that ARQ is under valued, not just because the market has not yet factored the ADI part in, but because of the recent success from ARQ's drilling at Erimia and Jingemia. With Yemen due in Feb and Spudding of Strokes bay in April, this share sure has a lot of upside too.
 
finally the "d" word starting to be used :) Just confirming SL even further.

Obviously has huge economical and commercial implications... good times ahead
 
great buying opportunities still, the sp is low, and way undervalued.. I know i am taking advantage and many others no doubt are too.. nice christmas present to myself!!


The nicest thing about this share is apart from sitting on one massive world classs gas discovery, the secondaries have yet to be revealed.. and they are massive in size also. which makes the downside of this share negligable and the upside all so much more pleasant..

if you can think of any one share that is currently going to commercial flow testing on a potential 1.5 tcf target thats worth .80 please let me know..
 
There have been a few decent opportunities to trade in and out of ADI in recent months.
Have you just remained holding the whole time have you AgentM?, which begs the question why? or do you just ramp to the innocent?!
Your posts are repetitive at the least despite clear profitable exit opportunities, you just ramp, ramp and ramp :eek:
 
Freeballinginawetsuit said:
There have been a few decent opportunities to trade in and out of ADI in recent months.
Have you just remained holding the whole time have you AgentM?, which begs the question why? or do you just ramp to the innocent?!
Your posts are repetitive at the least despite clear profitable exit opportunities, you just ramp, ramp and ramp :eek:

who has 20/20 vision except in hindsight as to what are short term highs? when ADI was 90c who was to know it would retrace when it could just as easily have continued above $1? if you have a medium-long term view that it is worth a lot more than 90c why would you sell at that point in time? there are many ways to trade the market and not all of them are scalping a few cents when there are dollars to be made freeballing

hindsight is always perfect, fwiw I believe Agent M will be fully vindicated in his optimism
 
Freeballinginawetsuit said:
This stock is whipped around on low volumes and I am just stating the facts.
Today's SP is not cheap as AgentM suggests, thats a blatent ramp :) , as he has done many times.

Can you explain why it isn't cheap today? what is your rationale?
 
Freeballinginawetsuit said:
There have been a few decent opportunities to trade in and out of ADI in recent months.
Have you just remained holding the whole time have you AgentM?, which begs the question why? or do you just ramp to the innocent?!
Your posts are repetitive at the least despite clear profitable exit opportunities, you just ramp, ramp and ramp :eek:

I haven't contributed before to this thread, as I'm not as informed/educated like most seem to be. However I have appreciated whatever AgentM has posted, whether it's ramp or not it's upto date and informative.
By the way freeballing whose the threesome? ;)
 
Broadside said:
Can you explain why it isn't cheap today? what is your rationale?

Hype from a potential primary has been, first SP push, then a continuation of hype enabled second SP push and unless they come up trumps some time soon this one will fizzle and settle on the charts.

This is only my opinion and I feel ADI is fair value at around 50 to 60 cents on the secondary alone. A succesful primary will see it rocket and I will be looking for the break then, ATM my moneys elsewhere.

Totally disagree that theirs been only cents to be made on ADI in recent months, theirs been 40 percent trades on a few occasions and other decent ones also :) . Their returns not to be snuffed at and I'm happy to have traded them once or twice.

By the way I hope ADI rocket for all you old faithful holders :)
 
I tend to agree with ADI's line that their share is worth $1 ish easy.. i feel todays prices are great value and continue to accumulate, nothing dishonest in that, and its my risk so i face a loss if things dont turn out, i am not being deceptive or manipulating anything to my advantage, infact the more i accumulate the larger the risk and the bigger the dissadvantage can be.

Plenty of people out there who are obviously upset if you like a stock and post info on it. i keep buying in on it, i cant see anyone putting up any views on why the stock is not worth the price it trades at today, just the usual critique and finger pointing on ramping but no viewpoints or insights are being added with it.

There are some who view positive sentiment as ramping, but i follow the ADI bullishness and positive sentiment and dont view my self as dishonest and only post my own point of view and information i can source. The information earlier from ARQ came from an email i got from them which i believe was posted on the ASX. I view the source as sound and the information as very correct. I have never sold an ADI share and wont until it attains its full value for the discoveries so far achieved. There is quite some time to go before that is happening. $5 is my target price currently. if anyone can show me where i am being dishonest about ADI and show me how i am making financial advantage from it by buying more of the share myself please let me know how? I want everyone to make money on adi and if you do invest then great and if your selling and happy then thats great too.

swindle? dishonest? exploitation? what part of ARQ's announement i posted was any of those? and to say i am buying more ADI is swindling dishonest exploitation? i dont follow...

perhaps if your a director and declare a discovery, dont release wirelines and sell your shares at $1.20 could be viewed with a little bit of sceptisism, but your drawing a long bow to say i can have any effect on the ADI sp and be viewed as a swindling dishonest exploiter of ADI stock by saying i buy it is way off with the faries..


ramp2
noun

  • 1. slang
    • A swindle, especially the exploitation of a special situation to increase the price of a commodity.
verb ramped, ramping

  • 1. slang
    • To rob or swindle.
    2. commerce.
    • To increase greatly (the price of eg shares, etc), usually dishonestly and for financial advantage.
    • Form: ramp up (usually)
Derivative: ramping
noun

  • The practice of causing large false increases in the prices of shares, etc by dishonest means.
 
Freeballinginawetsuit said:
Hype from a potential primary has been, first SP push a continuation of hype enabled second SP push and unless they come up trumps some time soon this one will fizzle and settle on the charts.

This is only my opinion and I feel ADI is fair value at around 50 to 60 cents on the secondary alone. A succesful primary will see it rocket and I will be looking for the break then, ATM my moneys elsewhere.

Totally disagree that theirs been only cents to be made on ADI in recent months, theirs been 40 percent trades on a few occasions and other decent ones also :) . Their returns not to be snuffed at and I'm happy to have traded them once or twice.

By the way I hope ADI rocket for all you old faithful holders :)

fair enough freeballing, I have made good (paper) returns going long but have not locked in any profits because it has not yet reached what I think it can and will within a short time frame, I choose not to take profit until I get 12 month CGT relief but if you can pick short term trends and profit from them, kudos to you. From what I have heard and seen, secondaries are worth a lot more than 60c but obviously we need to see flow testing, and I also believe Hosston has value, maybe not the big one we were hoping for in a best case scenario, but something substantial nonetheless. And I would also attribute some value to their upcoming projects and spud last week. For that reason I think anything sub $1 is good value. But in the short term, the market disagrees.
 
just bought in again this morning, so have enjoyed the climb,, not sure if it will hold or fold..

the stock got quite a run today.. compared to the JVP's, must indicate the money is coming in as the stockbrokers start selling their wares and clients become confident to invest. I imagine the stock will continue to turn over for some time in the short term, and further positive drilling reports may see some further gains.. perhaps the $1 ADI suggested retail price is becoming a reality..
 
Sheesh SecretAgentMan....
You better leave some shares for the other punters!! :)
- must just about have a seat at the board by now huh ??

Jus gammin dude - go your hardest. It`ll be well worth it in the end.
Wish I could get more myself... but fully invested just now.


-dukey
 
Dukey said:
Sheesh SecretAgentMan....
You better leave some shares for the other punters!! :)
- must just about have a seat at the board by now huh ??

Jus gammin dude - go your hardest. It`ll be well worth it in the end.
Wish I could get more myself... but fully invested just now.


-dukey

Howdy Dukeman, Hows the rusty strings going?? If your desparate I can send you a new set!! :D

I actually expected ADI to slowly retrace over the next couple of weeks due to the JANUARY testing ............... bit of a bonus to see the SP head back up a bit (wonder if we'll ever see .70 cents again?? ... lets hope not!!) Bit like you Duke ... wish I could afford more, but a small nest egg will have to do for now. Good luck all. Barney
 


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