As forementioned and as pointed out by other posters Sidhi Daher...

As forementioned and as pointed out by other posters Sidhi Daher is worth anywhere from 30-40c per share to ADX.

Its close proximity to already existing oil and gas producing wells bodes well ADX and its JV partners. What people must understand that in these type of drill operations are extremely complex and inherent delays are to be expected. Just because there has been a slight delay does not mean there are any changes to ADX's prospects or fundamentals. In fact i view this in a positive light - ADX is ensuring all is readiness to drill this exciting company making well.

Yes nervous nellies will exit but remember that these are the same muppets that will buy at 15 and 20c when this spuds.

What we must all recognise is that the site is 300-350kms from the lybian border (Melbourne to Albury) 4 hours or more by car. Also ADX has increased its security on site which will aleviate any further security related issues during the drilling operations. Also it appears that the situation in Tunisia has well and truly stabilised with democratic elections to be held early June.

This drilling campaign will target a massive 6 targets with what XST claims to hold 300 million barrels of oil.. Do the maths - with the current price of oil this translates into mega bucks. Risk and associated costs are low considering that this is an onshore project which is so close to all integral infrastructure.

Any sell down over the last week by those with no patience has been on small/ immaterial volume. Whatch for a breakout on volume and price on the way up.

Im certain that previous highs will be retested - Sidhi Daher is simply massive to ADX and its JV partners.

Furthermore the Dougga independent research report was fantastic - excellent read which supports all findings and presents ADX as oil and gas producer in the short term.

Also excellent support and coverage from Paterson Securities and Edison Investments in the UK.

Another confirmation from XST report that Sidhi Daher to spud early March!

DYOR and Good Luck