ADX 2.02% 9.7¢ adx energy ltd

Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-15

  1. 1,081 Posts.
    lightbulb Created with Sketch. 112
    Exactly as planned they have made a major discovery. Every prediction they forecast has come to fruition regarding this well.
    In the next seven days if that trend continues then they will have discovered 800 BCF of gas. In the ground estimate by my calcs. for central Europe would be around $US800,000,000 or roughly $1.2 billion Aussie.
    Given 75% is coming our way with SOI at 430M that is over two bucks a share!!! Even if you halve that amount to a dollar per share, I think 14c is a bit light on for a major discovery of potentially 800 BCF of gas.

 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
9.7¢
Change
-0.002(2.02%)
Mkt cap ! $55.09M
Open High Low Value Volume
10.0¢ 10.0¢ 9.5¢ $278.6K 2.795M

Buyers (Bids)

No. Vol. Price($)
1 44694 9.7¢
 

Sellers (Offers)

Price($) Vol. No.
9.8¢ 3033 1
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.