My 10 reasons----> Why ADX:
1. EU target is for Green Hydrogen compared to USA which is for Blue Hydrogen.
2. Green Hydrogen is ZERO carbon hydrogen,
3. Electrolysis is undertaken using renewable energies like solar and wind power, then Hydrogen is produced and stored in discontinued oil wells. 4. 4. ADX is suited for these operations and Jurisdiction of Austria has a target of zero carbon by 2030.
5. Skin in the game, Ian (Executive Chairman) and Paul Fink (CEO/Technical Director based in Austria) both have substantial skin in the game.
6. It's not a typical pump & dump company so management are there for long vision so upbeat announcements is not necessary.
7. Cash flow generation as we type this message.
8. Hedge expiry in April 2021 and June 2021 which means new oil price of $60per barrel can be negotiated, which is nearly 50% more than existing cash flow of $40 per barrel.
9. Surrounding existing site in Austria has potential for renewable energy such as wind, geothermal energy.
10. All the above reasons, A=Amazing, D=Disruptive, X= Xany(lot of energy)
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