very interesting indeed

So we have the following from the last update;

"ADX is pleased to report that...."

"To date the well has intersected two potential reservoir zones, which will be evaluated by wireline logging prior to setting casing at the 9 5/8� casing point".

"Prepare hole for wireline logging operations - which amongst other things will determine hydrocarbon potential."

But the words oil shows or gas shows etc not used. Nor a trading halt.

Today we have a sell off in ADX with 1m shares through but no selling in VIL or XST.

And we have an update from Peter Strachan (thanks Tinhopper) as follows;

"Sidi Dhaher Gets a sniff!", "ADX reports encouragingly".

On the less positive side is "It looks like the Abiod is deep to initial expectations, which is usually not good, although the whole structure may be low to interpretation, retaining some closure. Time and the rotary lie detector will tell."

Mid range valuations are given as:

"76 cps for ADX, 67 cps for XST and 4 cps for VIL, prior to further equity dilution to fund ongoing development."

He certainly sees some upside from what he has heard so far.

All very interesting indeed. DYOR.