ADI - Adelphi Energy

[Metron]

Interesting Comments... I had been wondering for the last couple of days if it was the Ex-Employee Shares being pumped through.

Not too sure if I am willing to think to hard about what an Employee dumping stock this close to what we believe to be the "Eleventh Hour" really means. Surely this person would be aware of what is happening over there. Why not just wait a week or two?

I was led to believe that the purchaser was an already large share holder just topping up... Are the facts different?

Are ABNamro closer to the action than others for any reason?

Hrrrmmmmm my comfort level just moved a little...

Look forward to hearing some comments!

 

[Agentm]

Interesting Comments... I had been wondering for the last couple of days if it was the Ex-Employee Shares being pumped through.

Not too sure if I am willing to think to hard about what an Employee dumping stock this close to what we believe to be the "Eleventh Hour" really means. Surely this person would be aware of what is happening over there. Why not just wait a week or two?

I was led to believe that the purchaser was an already large share holder just topping up... Are the facts different?

Are ABNamro closer to the action than others for any reason?

Hrrrmmmmm my comfort level just moved a little...

Look forward to hearing some comments!

nerves..???

we just saw the brokers let the shackles off and the share traded finally into free territory..

nothing has changed..

absolutley cant wait for the next few days to arrive..

 

[cathald1]

agentm
I am just going to keep my mouth shut in future and stay away from the wine and WEB combination lethal specially when recounting info

 

[Agentm]

agentm
I am just going to keep my mouth shut in future and stay away from the wine and WEB combination lethal specially when recounting info

as i said before, i think your sinceer.. i doubted your story on the basis it was a bit risky.. i was unsure about you posting it on a BB..

i have PM'ed you so if you want to answer that feel free.. this site allowes for mmessages between posters..

There is little doubt the conocophillips interest is purely on the multi tcf potential of the sugarkane.. i hope they achieve it and develop the field.. and from all indications, its about to unfold..

great to see EME do so well also..

 

[Metron]

nerves..???

we just saw the brokers let the shackles off and the share traded finally into free territory..

nothing has changed..

absolutley cant wait for the next few days to arrive..

Thanks Agent,

I just can't get inside the logic of someone who has been on the payroll deciding to dump Half a Million shares (~30% below where they were two weeks ago) only days or weeks away from grand news... Unless they know something we all don't!

Are you guys "in the trade" certain of the destination of the shares being ABN in Brisbane?

If it was a cross trade would that mean the selling broker was from ABN Brisbane too?

If so why would an employee presumably from Perth use a Brisbane broker..!? Is there something to read into that?

Don't get me wrong... On the surface I am still a firm believer. All the evidence still stacks up... Why commit to spending a few Million Dollars drilling SL2 before "officially" testing SL1!?

But as I said that is all on the surface... or 12000' below!

Maybe I am trying to read between the lines too much here... 18 months of jitters and nervous ticks coming to the surface perhaps!?

METRON

 

[Agentm]

your spooked easy..

if your unsure you have to re evaluate. All investors have differnet strategies.. mine is simple, once the 16 wells are done, re assess..
in the mean time i have lots of research still to do, believe it or not!!

Today will be extremely interesting.. i will highlight a part of the last announcement that is specific.. that the tesing of SL1 is either commenced or will be in the coming 24 -48 hours imho... if ADI and TCEI expected the testing to commence next week it would say "testing to commence during the last week of this month" and if it was delayed i would expect they would have qualified any further delay in a mid week announcement, and we did not get one, so i assume they are commencing the testing.. so it may be we are testing already.(maybe).

has anyone noticed any changes in volumes or values of trades on any of the jvps lately???



Adelphi Energy has been advised by the Operator of the Sugarloaf Project (Texas Crude Energy, Inc) that testing of the Cretaceous aged carbonate zone in the Sugarloaf-1 well is now expected to commence by the last week of this month due to a delay with the availability of the frac and testing equipment required to undertake this next well operation.


so if you are jumping ship, you have little time left,, and good luck,, if you getting in... the long awaited journey up with the sp is about to commence imho..

DYOR and all imho

 

[Evangeline]

Metron,

I also fail to see the logic behind someone dumping at least half a million shares just before an announcement is due unless they are expecting bad news.

If indeed the seller was the ex-employee who cancelled their 1 million options as well, you would think they would be more in the know than your average punter!

I am yet to meet the person who doesn't like to make money - so why sell now?

Eva

 

[nioka]

Metron,

I also fail to see the logic behind someone dumping at least half a million shares just before an announcement is due unless they are expecting bad news.

If indeed the seller was the ex-employee who cancelled their 1 million options as well, you would think they would be more in the know than your average punter!

I am yet to meet the person who doesn't like to make money - so why sell now?

Eva

The only other logical reason is a margin call. With all the speculation and hype this stock has received I would expect that some are geared to the hilt with the hope of a get rich quick investment and we all know that hasn't happened. Time runs out for those with borrowed money,rising interest rates and a falling market. I'm sure there are a few followers on this forum who have their fingers crossed this week.

 

[daeff]

Hang on everyone......selling could be for any reason and has anyone thought that in taking on a new job there could be some capital required...or that selling stock that you own at that point in time is necessary.... who knows but you have to sell at some point and there was an eager buyer at the other end of the XT....

Its all about kunde 3/ SL1 & SL2 and reserves..... EME was up another 15% last night and fast retracing lost ground.......

The research posted here is great and hope it keeps coming....only a metter of days now

 

[Agentm]

interesting... people are convinced of this story yet no facts behind it..

so your saying this alleged employee is insider trading then..

i am sure if thats the case, ADI will notice early next week and the relevant authorities notified, and the employee would need to answer for it.

so what is the news that this employee knows all about?? surely if poeple are being told the employee knows things and is getting out, they would also know the bad news.. so what are the facts behind his decision to jeapordise his position in the new company he has gone to?

i am happy to believe this story if someone actually presents a case as to why this guy is behaving in this manner..

 

[Agentm]

just saw these 10 leases go through overnight at theses locations by TCEI..


all imho and dyor

 

[Metron]

Hi All,

I hate conspiracy theories, however I am a believer that where there's smoke there is fire. And I am wondering if this may be a small whiff of smoke... Still nothing to hang your hat on though.

I am beginning to wonder about the certainty of the Cross Trade. I called the broker I use this morning and they claim that is takes them 3 days to be able to even see the brokers evolved and that any information beyond that is very sketchy.

So, unless someone can say with certainty otherwise I assume it is nothing more than suspicion that the large chunks of stock belonged to the Ex-Employee. And therefore maybe all is well.

However... AgentM alluded that he was aware of the purchaser and it appeared at the time that others were firmly of the belief that the shares in question did belong to the ex staffer and that ABN Brisbane were somehow evolved.

As I said in my earlier post, On the surface EVERYTHING ELSE all still looks dandy and I *think* I am still of the belief all will be well...

I sincerely trust no one takes my thoughts the wrong way here... and like I said before too, this could be a manifestation of what I like to call Sugarloaf Syndrome!

 

[Agentm]

Hi All,

I hate conspiracy theories, however I am a believer that where there's smoke there is fire. And I am wondering if this may be a small whiff of smoke... Still nothing to hang your hat on though.

I am beginning to wonder about the certainty of the Cross Trade. I called the broker I use this morning and they claim that is takes them 3 days to be able to even see the brokers evolved and that any information beyond that is very sketchy.

So, unless someone can say with certainty otherwise I assume it is nothing more than suspicion that the large chunks of stock belonged to the Ex-Employee. And therefore maybe all is well.

However... AgentM alluded that he was aware of the purchaser and it appeared at the time that others were firmly of the belief that the shares in question did belong to the ex staffer and that ABN Brisbane were somehow evolved.

As I said in my earlier post, On the surface EVERYTHING ELSE all still looks dandy and I *think* I am still of the belief all will be well...

I sincerely trust no one takes my thoughts the wrong way here... and like I said before too, this could be a manifestation of what I like to call Sugarloaf Syndrome!

if the ex employee is trading with inside knowledge, then so be it, ADi will sort it out.. I for the life of me cant see why you would take a post into a new company and jeapordise your position there by such an act.. employees are only allowed to sell in certain trading windows..

you need to present proof its an ex employee, proof the employee knows something, and its unfair to assume that a cross trade belongs to an individual. Why dont you ask ADI who the employee was, ring the company he is working for, and talk to him?

next the massive cross trades in EKA are going to be his as well!!

please post some evidence.. and ask those that tell you its the ex employee why they ont know the bad news that allegedly is happened!!

you are really casting some grave allegations of the character of the employee, which is unfair, and i dont believe a word of what your saying..



sorry, i think your wrong...

 

[Broadside]

It used to be that brokers could see the other brokers involved in the buying and selling via SEATS screen (used by the SEATS operators) because each buyer or seller is identified by a broker code. Haven't worked in the industry for some years but I still believed brokers could see who else is in the market as before, unless rules have changed? so they ought to know who did the crossing.

 

[sam76]

If the news is bad, then why has only one person (on the inside looking out) sold?

Surely we would be seeing all the jvp's fall faster than a groom's pants on his wedding night if that was the case.

my undeducated

 

[Agentm]

if its the employee... which it could be..

what connects the cross trade to proof that there is any problem in the chalks?

TCEI just put through 10 more leases, and your saying an employee leaving ADI is trading on inside knowledge...

I am not entering into this debate any further, if there is proof that brokers are telling people its the employee then that firm needs to examine its staff and its practices.. thank christ i dont use brokers!! this reinforces the reason why i dont trust them.. so if any of you guys trade through them, they will tell others about it!! great,,, love it,,

i dont believe the hype, i wait for the results and for the 16 well forward drilling program, and refuse to believe this broker fed rumour!!

BTW the employee would read this site and HC,, so good luck to the broker firm trying to explain this one!!

 

[mfunksta]

I haven't posted here before, but have also been doing my research and have been greatly intrigued by the posts here. Have especially enjoyed the posts by agentm and sushi.
I have been thinking, looking at the share prices and options of ADI, EKA and AUT, that ADI is probably the best value of the 3 jvp's at the moment.

Due to its cash reserves, amount of total shares and options issued and value of its stock, I speculate that its exposure to "the kane" would be proportionately greater that the other two.

Opinions?

 

[resourceboom]

I believe that ADI is most likely the best managed company.

EKA is currently a SL/SK only prospect, and AUT is in many TCEI drills. EME is UK so I haven't looked into its others projects.

But I think the best leverage is through EKAO! But of course with more leverage comes more risk, and downside should the unthinkable happen and the field balls up!!

 

[Broadside]

I believe that ADI is most likely the best managed company.

EKA is currently a SL/SK only prospect, and AUT is in many TCEI drills. EME is UK so I haven't looked into its others projects.

But I think the best leverage is through EKAO! But of course with more leverage comes more risk, and downside should the unthinkable happen and the field balls up!!

I agree. EKA is basically worthless if Sugarkane is a dud. Turkey is still ongoing but little chance of success has been factored in. Holding plenty of EKAO and EKA and also some ADI but ADI definitely has much better downside protection and the best management.

 

[Agentm]

just got a revised scouting report..

TCEI put out another 15 leases right next door to ours.. (or part of ours??)

so the total so far, as its being processed, is 25 leases,, not just the 10 i mentioned before

i believe this is the hold up for the SL2 testing, and we should start immediately..

i also believe its the hold up for kunde 3 news, as there is now no need to keep it under wraps, and that news will possibly surface in the very near term..

lets hope i am right..

all imho and DYOR