ADX 0.00% 9.7¢ adx energy ltd

Ann: Anshof-2 Drilling Commences, page-5

  1. 2,164 Posts.
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    This is a shallow well so should know the results firstly soon. If MND paid $19m for 30% then ADX 60% is worth around $38m which is where our market cap is atm.

    If they are successful in 5 folding the oil reserve in theory there should be at least a 2-3 fold share price rise.

    Feel like still off the radar atm with the market.
 
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