ADX 0.00% 10.0¢ adx energy ltd

Ann: Quarterly Activities Report - March 2023, page-4

  1. 64 Posts.
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    How do you see the funding progressing. OpCF is basically neutral now that oil and gas prices have retreated so they'll be nearly tapped out from just welchau if they can't farm down further. And the fact no one will throw in a couple of mil for 20% doesn't fill me with hope. With another 1 or 2 anshof wells on the way it feels to me like They'll need cash before welchau.....because trying to raise after a failure would be catastrophic. I've only had a quick look, anyone who's been watching a while see it different?
 
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