ADX 3.19% 9.7¢ adx energy ltd

If the Welchau drill outcome is not seen as a success by the...

  1. 622 Posts.
    lightbulb Created with Sketch. 72
    If the Welchau drill outcome is not seen as a success by the market, the share price will take a hit, that goes without saying.

    with Anshof disappointing the market, then the pre Welchau base price is going to be lower than we had all hoped, and so the post Welchau share price will not be pretty.in the event of failure.

    if Welchau is deemed a commercial discovery, then our current share price woes will be forgotten.

    I hope the proposed side track drill is successful, because it’ll validate their latest interpretation of the structure.

    Not an ideal week, but perhaps it’s a no gain without pain scenario, in the end.


 
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