ADX
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0.00% 9.7¢ adx energy ltd

Ann: Anshof-2 Drilling Commences, page-5

  1. In Da Hood
    2,164 Posts.
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    14/11/23
    13:20
    Post #: 70890565
    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.
    ADX Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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