"Supposedly its near the apex of an anticline so would not that make the supposed 10 meters of pay a metric that is not so relevant ?"
Yes ADX drilled into the top of the anticline. Hopefully they did not see any gas water contact. The deeper this contact the better i.e. more gas and the more options to drill for example deeper, horizontal or super slanted wells for optimized production rates.
"Supposedly its near the apex of an anticline so would not that...
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $48.26M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $146.4K | 1.352M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 392828 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 306793 | 3 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 10.5¢ | 1357826 | ||
| Last updated 15.18pm 03/05/2024 ? | |||||
| ADX (ASX) Chart |