ADX 1.00% 9.9¢ adx energy ltd

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    nd of this week, or beginning of next, we should see the operational and cash flow updates for Q4.
    Will show actual production and pricing, as well as cash position.
    With A$3.1mn of debt service in 2022 (assuming no SP miracles) and any spending plans related too potentially successful wells, hydrogen projects, geothermal projects, a return of the prodigal Romania project, .... with their current production, even with much higher product prices, I agree that shareholder dilution is in the card - either at the shareholder level or the project level.
 
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