ADX 0.00% 8.5¢ adx energy ltd

Also important to remind ourselves, this is a tier-1...

  1. 2,290 Posts.
    lightbulb Created with Sketch. 2765
    Also important to remind ourselves, this is a tier-1 jurisdiction that is desperate for natural gas independence and is entirely reliant on it for heating and industry.

    This is not Zimbabwe.

    The Austrian government have been financially supporting gas projects to assist with gas independence.

    Now that Welchau-1 (with addition of Molln-1) has more or less proven a significant hydrocarbon system and awaiting confirmation of wireline logs, the company should ultimately approach the Austrian government for support.

    The example below is a pipeline importing imported gas through Germany (that Germany ultimately imports as LNG). The Austrian government will have even more impetus to support locally produced gas for total independence.

    https://hotcopper.com.au/data/attachments/6038/6038534-b7e56b51bddbceb6876185eb7964fe5a.jpg
 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
8.5¢
Change
0.000(0.00%)
Mkt cap ! $48.27M
Open High Low Value Volume
8.6¢ 8.7¢ 8.5¢ $118.3K 1.372M

Buyers (Bids)

No. Vol. Price($)
3 356499 8.4¢
 

Sellers (Offers)

Price($) Vol. No.
8.6¢ 97862 2
View Market Depth
Last trade - 15.59pm 31/05/2024 (20 minute delay) ?
Last
8.5¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
8.7¢ 8.7¢ 8.5¢ 215127
Last updated 15.59pm 31/05/2024 ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.