ADX 1.11% 8.9¢ adx energy ltd

plough ADX's 9/1/2024 asx release talks of 50% of eur 5.1...

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    plough
    ADX's 9/1/2024 asx release talks of 50% of eur 5.1 million being the MCF cost cap.
    That makes planned total well cost for a dry hole of EUR 5.1 million,
    with drilling savings already made leaving ADX talking about this figure
    now being the cost target for the "success " case drill.

    I am expecting ADX to be getting substantial income from Anschoff and hopefully also income
    from the new (possibly 70% probability of success) gas well being drilled in july/august.
 
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