Stephane Foucaud
ADX has confirmed a very busy programme of activity from September.
The overall unrisked value of the programme is ~A$1.70 per share,
which represents 17x the current share price.
In early September, ADX will drill the Anshof-2A side track.
The well is expected to intersect thick Eocene reservoirs similar to that encountered by the Anshof-2 well\
which were ~6 times thicker than the producing Anshof-3 discovery well.
The well is expected to add production and potentially derisk
Plus Welchau, this has a real good chance to make this
Ann: Operations Update - Appraisal, Exploration & Testing Program, page-8
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Last
9.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.05M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 462555 | 3 |
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