Ann: Prospectus - Share Purchase Plan with Attaching Options, page-18

If giant Welchau comes in even half as good as planned it's worth 80 cents I cannot see on a reasonably positive anshof drill that we will be south of 15-20 cents pre-Welchau. Seems like discoveries come on tap very rapidly in Austria as well.

15-20 cents is a nice speculative launch platform as well. Looks like the buying today has some purpose about it with the bots! I also don't think ADX will need cap raisings after this Anshof and the farm out deals they are getting de-risk them. So you've got upside from multiple drill campaigns and not much downside imo.