ADX 0.00% 10.0¢ adx energy ltd

game back on, page-35

  1. 286 Posts.
    Although im very heavily invested in VIL i appreciate Good Oil's criticism. Sometimes it is more opinionated then based on fact/knowledge but thats no different to many optimistic holders biasim when posting also.

    Gotta be able to look on both sides of the fence and see how green your field really is. If you refuse to listen to criticism then you are only hurting yourself.

    GO - What makes you say it will take them 30 days to source a test rig? They would have known they were hitting TD about now so should have the test equipment sorted beforehand. They know they need results ASAP just as much as the shareholders do and i believe once having approval for security for the government that would run for the duration of the project rather than just delivery of the rig so i dont think we will have unrest delays again.

    I havent read many ADX ann's as im not invested however it seemed to me like by the end of this week they will have released the rig and "testing operations will be conducted utilizing more appropirately sized and cost effective equipment." Meaning right away, not in a months time. However i suppose its open to interpretation. They also state that the well will be suspended pending future production testing. Which sounds like there may be a gap in time between now and production testing. Anyone else care to share their thoughs?

    VIL holder, all IMO of course.
 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
0.000(0.00%)
Mkt cap ! $56.79M
Open High Low Value Volume
10.0¢ 10.0¢ 9.8¢ $17.94K 179.6K

Buyers (Bids)

No. Vol. Price($)
4 194296 9.8¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 87101 2
View Market Depth
Last trade - 12.40pm 18/07/2024 (20 minute delay) ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.