ADX 4.76% 10.0¢ adx energy ltd

Ann: Investor Presentation, page-16

  1. 41 Posts.
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    Its pretty attractive risk reward to be honest but I'd say appetite took a hit on the last well which wasn't what was anticipated/hoped for and a cap raise mid drill was abit rough. I've bet on horses with alot less going for them its practically 50 to 1 bet but you will still walk away with say 30c on the dollar if it's a miss.
    Thats my perspective anyway
 
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