Almost no interest, butjump in oil pricing and eventually Nat. gas, could be a prelude to Adira moving up.
1. Geo Global needs to get its corporate affairs in order along with the assistance from Key Financial.... Geo seems to be moving along in solidifying its structure.
2. Energean and Ratio awaiting approval from Israeli Ministry (re: Sara and Myra)..some in Israeli energy want other groups involved in offshore drilling besides Noble Energy and the Leviathan license members.
3. Adira has an option to purchase (5%) from Geo Global to acquire its interest in Sara and Myra where Energean and Ratio want to re-drill.
4. Very little has traded recently and, once again, ASKS have dried up. Huge gamble, but there are strong reasons to pick some up now. The drawbacks can be remedied. Just over 12 million shares out is at least one existing positive .