Ann: Update on Consolidation of Capital, page-15

Originally posted by Wayno14No doubt my friend. Once Anshof 2 flows mid November, it should double our market cap. So minimum 17-20 cents and if Welchau is a hit in January then my target price is $2 per share if there is a takeover.

Honestly, I would love to see ADX develop the well and pay us dividends. It is very much possible if we give the likes of MND 20% share in farm-in and a further 20% after discovery so they can bear the 80% costs for development for a 40% share in a 800 BCF field. MCF should make arrangements for the remaining 20% development funding.
ADX will be free carried and we’ll all be very happy. I just described a very ideal situation but it is certainly a possibility. DYOR and all the best friends!