ADX 1.02% 9.9¢ adx energy ltd

Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-37

  1. 1,083 Posts.
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    Still sticking to my gas in ground valuation of $2 per share. Quite frankly if you think management are a bunch of wankers and their technical people are useless then you should be selling right now.
    If on the other hand you admire how this has played out so far and how absolutely correct their technical people have been with their forecasting then you should stick around till next week because they will then be declaring this well to be a bonanza type gas discovery (800 BCF) assuming that forecasting keeps proving to be correct.
    FWIW I certainly will not be selling any of my shares for a crappy sixteen and a half cents!!! In fact I have been buying this morning.
 
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