ADX 13.0% 13.0¢ adx energy ltd

This is a couple of months old but still has the same...

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  1. 68 Posts.
    lightbulb Created with Sketch. 54
    This is a couple of months old but still has the same story.
    contract between Russia and Ukraine finishes at the end of 2024.
    which I must admit I didn't even know about until today.
    This is certainly concerning a lot of politicians in Austria.
    This week our permanent facility is supposed to go online @ Anshof-3
    and in a couple of weeks they are doing this side drilling for Anshof-2, and hopefully bring that online by the end of May.
    Let's hope production goes up quickly, remembering the facility can do up to 3000 barrels a day, just at that side alone.
    Which would be great for ADX with a lot more extra revenue.
    But with this contract looming I cannot see the politicians waiting until October to find out if one of the biggest gas fines in Austrian history is there or not.
    So I think our chances are good to get an early access to Welchau.

 
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