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Remember this Greg -

Hi Guys,

The Drawdown and CLN facility has totally underpinned the share price floor at 0.15p.

For New investors buying in, the share price will not go below this level, as there's nowhere near enough liquidity for anyone to even think about shorting here.

Remember new investors, The share price WILL NOT GO BELOW THIS LEVEL being 0.15...........

But hay exciting times ahead :)

Oh ok, so how many BOPD are they producing? btw how's that 0.15 floor?can but 4million at 0.14 or less now

Greg - How are they producing revenues from 4.5 bopd when well 14 was already producing 20bodp meaning its actually producing 15.5bopd less then prior to workover?

And also they only generate revenue once the workover is complete and are producing over 70bopd?

Please explain how that works?

Also how can the company be making revenue??

they state they only get revenue on anything OVER 70bopd, they state the total output thus far is 4.5 bopd of which leaves (although they have more workovers to do) a minus 66.5bopd before they reach to output prior to the workovers and before they can have anything??

It makes no sense!!

Even if on this first well they would have increased output from 20 bopd to 50 bopd they would still be 20bopd short from making revenue.

Theres is no clarity in the RNS leaving PI to say oh I dont quite understand so lets hope it makes sense soon....

Mushrooms in the dark as per

Can now buy 1.5mill at 0.1395, no one is ask yourself why

Helpful -

you say - So if 14 was doing 20bopd before and is now doing 4.5bopd then it means replacing the production tubing has increased production by at least 15.5bopd. If the increase was less than 15.5bopd then we wouldn't be receiving revenue.

But the company says - the Company is hopeful of oil production at the well increasing back up to its January production rate of approximately 20 bopd

If 14 was doing 20bopd prior and the company is hopeful of the well increasing back up to 20bopd then that's 0bopd increase ?

From what that reads the output has gone from 20 bopd down to 4.5bopd or am I mistaken ?

FB,

ADL are doing what they do.

Everyone now is underwater, they release news to keep people in then the price drips down, they then release more news to keep people from selling, the price then drips down, then people think there no point in selling (the hope and desperation phase) until the sp is so low they consolidate and people are wiped out.

This RNS is full of disappointment and delays. Permits should have been obtained prior to agreeing to pay for the workovers, even in the video its all if's and hope at the expense of the PI.

Even when you can buy below to CLN ( 2 million at 0.144) and even 6 million at 0.15 no one is or will, and the reason people done sell is because the spread is what 20% keeping people locked in.

You have seen it all before with ADL, yet they leave that slight glimmer of "hope" to keep people in until there's no point in selling anymore.

Agree Miker, but atm they are sitting at 99% hoping to get down to 95%.

On the flip side...

RSP looking better for you today.

Buy only 1 million at 0.144
then 2 mill at 0.15

sell - 1.5million at 0.12
the approx 2.5 mill at 0.115 - 0.111

For what its worth here's my opinion -

At re-start the well is now producing 450 barrels of total fluids per day including 4.5 bopd, representing a slightly better figure than the Company would have expected at this stage. The well is performing in line with expectations and given the workover has increased the total bfpd

How can it represent a slightly better figure then expected yet perform in line with expectations ?? Yes its increased the total BFPD as they have pumped fluids into it.

Company needs more than 70bopd to earn anything at all and the one well is producing 4.5bopd, this is not producing revenue as they need another 65.5 bopd from the remaining wells to hot the 70bopd prior to receiving the 90%.

The workover rig has moved to BTN01 to replace the existing pump with a larger pump and is expected to move to BTN03 by the third week of August subject to securing the necessary explosive permits from the Government and Pertamina which have been delayed due to the imposition of a new procedure.

BTN03 could be a big issue as receiving permits or any thing from the indo government as we all know takes a hell of a lot of time.

Anyway im sure the likes of Greg will spin this into a monster lol

very true

AIM rule 11?

You do make me laugh greg

Not a ramp at all, just wondering why no one is buying below 0.15 (the floor as you say) when all are so confident of "free money"?

can buy 7.5 million shares at .015 or below

sell 1.5million at 12

Surprised none of you are buying the 2 million u can get under 0.15?

So Greg you are saying I have bought into ADL but I'm de-ramping to get the price lower??

And the way im de-ramping is to question things?

Agree Miker, but with BMD he is a ramper to make a profit on his companies, does it time and time again.

What I was saying if there was a deal to add value to the company and its shareholders, why not do both?

Regarding current deal, although to me it gives me more questions then answers at the moment yes you will have to await what they say has come from the workovers and after that.

Not de-ramping

Asking you to back up with what you say.

To which you normally respond ..."why should I back up what I say to you"

Your a fraud mate who is just trying to ramp people in, its clear to see to everyone and those also underwater are jumping on the bandwagon to try and get an exit.

Miker -

Why would any director of a company turn down a deal in which would 3 x the value of the cap of the company ?

Why would they not just run both projects if beneficial to the company?

Scratching my head at this one.

Your research showed projects in India?

Your research showed billionaires taking over the company through eagle gas??

You state it WILL NOT go below 0.15 yet when it does you change your stance to say oh its temporary?

Please show me any part of your research that has materialised just a little bit?

There is no balance to what you say its all just "exciting times ahead" and the SP just falls. you say CAV (the fund company) will invest in ADL but not just on this project??

You talk about how many millions the company will make when they have never made 1 penny?

Its always ramp ramp jam jam with you, as I said absolutely no balance to your statements, and the company always in your head offers no downside at all???