ADX 2.04% 10.0¢ adx energy ltd

fy 2009 finanacial report, page-3

  1. 9,098 Posts.
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    Pmunt
    Yes I did google up WER/Chad Willis previously and spoke to their salesperson twice
    Have also emailed ADX CEO on a couple of issues.
    I cant prove anything is amiss with the WER deal but it just doesn't add up for me.
    My reasons for skepticism have already been discussed in previous threads.
    Will be interesting to see if PGS sign off and on what terms.
    Thats a potential jv partner I would assign credibility to.
    In the meantime, ADX's estimated Sambuca spud date is ~mid 2010 so plenty of time to see how funding etc plays out.
 
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