Originally posted by Wayno14No doubt my friend. Once Anshof 2 flows mid November, it should double our market cap. So minimum 17-20 cents and if Welchau is a hit in January then my target price is $2 per share if there is a takeover.
Honestly, I would love to see ADX develop the well and pay us dividends. It is very much possible if we give the likes of MND 20% share in farm-in and a further 20% after discovery so they can bear the 80% costs for development for a 40% share in a 800 BCF field. MCF should make arrangements for the remaining 20% development funding.
ADX will be free carried and we’ll all be very happy. I just described a very ideal situation but it is certainly a possibility. DYOR and all the best friends!
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Last
9.5¢ |
Change
0.001(1.06%) |
Mkt cap ! $54.03M |
Open | High | Low | Value | Volume |
9.5¢ | 9.5¢ | 9.5¢ | $26.14K | 275.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 139808 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 125875 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 139808 | 0.095 |
2 | 101727 | 0.094 |
2 | 265148 | 0.093 |
3 | 65706 | 0.092 |
1 | 100000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 125875 | 3 |
0.100 | 142000 | 2 |
0.105 | 795198 | 10 |
0.110 | 592541 | 9 |
0.115 | 109700 | 2 |
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