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Clearly DYOR, but as mentioned before I remain of the idea that this is an incredible opportunity for patient investors and that's why I have been topping up each week. I don't care if the rig RNS comes out this week or next week or even in July, but it will come and confirm drill in Q4. From the RNS onwards investors will come in and the price will only move up thereafter, as the Buffalo CoS are impressive and the cash flow generation, especially over the first two years of production, just incredible for a small cap. Remember what is key in any successful investment is to buy into a proposition which has a great reward potential, if you can bear the risks, and to purchase at a low price. This is the opportunity set here and these don't come around often in my books.

Maybe some are waiting for the rig confirmation before buying, but I'm continuing topping up as for me this is an incredible opportunity to add below 3p and even more so under the 2.6p raise.

couldn't agree more, only patience is required.

As I just posted on A D V F N I had the opportunity to speak to Mark and Leslie and these are no nonsense professional guys that made it clear to me that they will only get RNSs out as and when required from a regulatory perspective, hence I think they are just finalizing matters with the JV partner and expect to see an RNS soon re rig. They are very transparent and as Leslie mentioned in the latest interview they are looking at the other deals they brought with them and a couple additional ones of interest which crossed their desk since taking over ADV, so I have no doubts in my mind that the rest of the year and beyond will be very interesting for ADV.

Another 250,000 top up for me today, as I mentioned I spoke with the new board and these guys are super smart and know what they are doing, hence I'm backing them up with confidence. Buffalo is already in the bag and it could be exceptional on its own but they are looking to close ,as per CEO in the last Proactive interview, at least another 2 deals later this year. The churn has been going on for a while and it will end at some point, we all know that, and topping up below raise at 2.6p will not last much longer in my opinion. DYOR and patience required.

Plenty of buying with a 500,000 at 2.5. I bought a few this morning and think that anything below 3p is a bargain as in my opinion this has the potential to be 10p by December. Time will tell .

Bought a couple of tranches this morning and got a feeling that the seller has finished, let's see.

Buying pressure still massive, will be interesting to see if we breakout from the upwards channel and target the £1.60 area next.

Changed see my thoughts on the question posted earlier here and as usual do your own research, but I think that we have seen the bottom and the churn is ending and we have started an uptrend, as usual only time will tell.
Been investing and accumulating since Leslie, Mark and John have joined in Feb 2020 after having had the opportunity to speak to them and been incredibly impressed from day one. Personally think that the Andalas legacy has created an incredible opportunity for smart investors which look not at the past but at ADV for what it became after the new board arrived and used the ADL shell, namely a new company with incredible skills, clear strategy, connections and assets. The opportunity to invest below second large raise price and basically more or less where the board has an average price stake is a one off when one considers the CoS of Buffalo (see CPR below). Other assets will arrive in my opinion with dilutive equity raises only done at much higher share prices. We all know that traders and investors will come as soon as the rig is confirmed up to the drill. I made over the last 25 years or so significant returns by investing medium/long term in small caps early with the right mix and these opportunities don't come often and ADV is one. Time will tell but for me this is definitively one of these rare opportunities for smart and patient investors. Check out the CPR and you will see that even if nothing is guaranteed you will struggle to find much better CoS and the heard will as usual arrive soon. DYOR and be patient are key for me. hxxps://riscadvisory.com/wp-content/uploads/2021/04/RISC-CPR-Buffalo-23Mar2021b.pdf Start should be h t t p s

Deep blue and new investors, suggest unless already done you take a look at the latest interview given by our CEO as it is very informative hTTps://youtu.be/4PlwQKvWeVU

Deepblue thanks for the feedback. I’m on the same page and that’s why I like the deal so much. It was a stroke of luck and a combination of historic events that allowed us to get into this asset ie technical equipment a couple of decades ago not as good as now to define the crest with greater certainty, low oil prices, shift from Australian to East Timor waters and related permitting delays etc. These guys are so experienced and connected that I see the financing risk as very minor indeed. Interesting in the shares will increase as soon as the rig is announced and the drill getting closer.

Deep, nice to have someone with such specific knowledge on the board. Leslie has mentioned that for him Buffalo is a rare asset usually not owned by a small cap outfit, what’s your take and view on the CoS, both of which look as good as they get with sensational economics.

J I looked at HE1 and pleased that people have done very well but check out the CoS as nothing is certain in this game and there is nothing wrong in taking a bit of profit especially if you have done well.

J, I’m also an investor, tried trading a few times and always lost on average, whereby built significant wealth on few well researched medium/long term investments.

Joshwaa not sure if you are a new investor, but from my past experience, and losses made over the early years, I would suggest that you always buy early if there is something you like, for example Buffalo is in the bag and excitement will come in over the next weeks and months driving the price up. Overall take some money off the table in an inverse correlation manner around a drill ie sell more before drill results are out - the lower the chance of success CoS for the drill. Personally I will sell very little ADV for 2 reasons ie the CoS are incredibly high, the aspect to be assessed is probably more the amount of oil found, and there will be other assets coming in to diversify the portfolio. Enough from me and enjoy the weekend.

Posted the below on A D V F N but should be of interest to you Joshwaa and other new investors here, as usual do your own research
Morning all. I usually post on the LSE board but do from time to time also look into this board with interest. Been investing and accumulating since Leslie, Mark and John have joined in Feb 2020 after having had the opportunity to speak to them and been incredibly impressed from day one. Personally think that the Andalas legacy has created an incredible opportunity for smart investors which look not at the past but at ADV for what it became after the new board arrived and used the ADL shell, namely a new company with incredible skills, clear strategy, connections and assets. The opportunity to invest below second large raise price and basically more or less where the board has an average price stake is a one off when one considers the CoS of Buffalo (see CPR below). Other assets will arrive in my opinion with dilutive equity raises only done at much higher share prices. We all know that traders and investors will come as soon as the rig is confirmed up to the drill. I made over the last 25 years or so significant returns by investing medium/long term in small caps early with the right mix and these opportunities don't come often and ADV is one. Time will tell but for me this is definitively one of these rare opportunities for smart and patient investors. Check out the CPR and you will see that even if nothing is guaranteed you will struggle to find much better CoS and the heard will as usual arrive soon. DYOR and be patient are key for me. hxxps://riscadvisory.com/wp-content/uploads/2021/04/RISC-CPR-Buffalo-23Mar2021b.pdf Start should be h t t p s

Bought more again today at 2.3. Been so positive about ADV and the new board and strategy since they arrived that I will continue to put my money where my mouth is. Like the fact that the bid is moving up and that the spread is now only 2.25-2.30, could indicate that the selling is finally drying up, let’s see.

another 500,000 added. Probably a bit more churn to go, let's see.

By Questor. Not surprised as the future is very bright with progress on all fronts. Revenue will really increase from later this year and significantly thereafter.

13.6 mio trade, likely to be a large sell being filled ..... and price still moving up! Could well be that good part of the churn is behind us. Let's see.....