ADX - High Value Opportunity/Near-Term Multi-Bagger

Background for new investors looking for next high value energy producer. Currently undervalued with very strong growth potential (multi-bagger) IMO.
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ADX: European energy producer focused on hydrogen storage, geothermal and CO2 capture and storage. Focus onproduction and rapid cashflow growth, fast track appraisal and developmentclose to infrastructure. ADX set to disrupt a 75-year two company duopoly inthis sector.
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1		Share Price (18 Feb 21)
2	Share Price (18 Feb 21)	$0.010
3	Shares on Issue (SOI)	2,465m
4	Number of Options (excl. SPP options)	330m
5	Market Capitalisation (AUD)	$24.7m
6	Cash (31 Dec 2020)	$2.3m
7	SPP Proceeds (Jan21)	$3.0m
8	Loans (31 Dec 20)	$4.8m
9	Minority Interest in Subsidiary (31 Dec 20)	$8.8m
10	Enterprise Value (AUD)	$33.0m

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Company Overview

• Asset positions in Austria onshore, Romania onshore and Italian offshore
• Gaiselberg and Zistersdorf Oil Fields (Austria) (Operated, 100% Equity)
• Upper Austria Appraisal and Exploration Licenses (Austria) (Operated, 100% Equity)
• Iecea Mare Production and Parta Exploration License (Romania) (Operated, 49.2% Equity)
• Nilde Oil Field Project (Italy) (Operated, 100% Equity)
• Top 3 production and exploration operator in Austria
• Experienced Executive Team with over 150 years of combined oil and gas experience
• Corporate headquarters in Perth, Western Australia
• Operations and Technical teams based in Austria
• Unique Competitive Position – Austria is a rare break through opportunity for production and exploration activities. ADX set to disrupt a 75-year two company duopoly in this sector
• Excellent infrastructure for oil and gas processing and export
• High value received for oil and gas
• Stable, predictable legal and licensing system
• Favourable fiscal terms
• Government support for hydrocarbons and transition projects to renewable technologies
• Funding – recent placement and SPP was oversubscribed by over 250%

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Asset Summary

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This will be a very interesting stock to watch over the coming months - very high capital growth potential IMO.