ADX 4.76% 10.0¢ adx energy ltd

Ann: Investor Presentation, page-17

  1. 1,157 Posts.
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    Rob

    My perspective/speculation is 5 to 1 bet (i.e. 20% chance ) but worth a punt for the upside potential.
    but you still walk away with 70 to 90 cents in the dollar on a dry well
    ( i.e. share price drops to 7 to 9 cents per share BUT ONLY UNTIL THE NEXT DRILL)
    jmho
 
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