My understanding is that the permit was renewed 2 weeks ago. But after all that has gone on, I do not trust the info that I have received. I will wait for ADX to make an official announcement (hope). It appeared to me that the first thing ADX did after announcing the duster at SD is to immediately renew the lease for 3 years. VIL and XST are not in a position to maintain there 10% holding. There share price is at junk status or shell (ASX listed shell) status. They are takeover targets. ADX is not in a position to move either. Or are they???
It,s the known unknowns that concern me. It is deeply frustrating and suspicious. I hope ADX knows what there doing?? AND GPX is not smelling like roses. I consider GPX on corporate strategy to be very good. Enough said. I hold.
My thoughts only.
ADX Price at posting:
2.3¢ Sentiment: None Disclosure: Held
