another director buying, page-10

Happy to apologize where I am wrong which is that did not account for the purchase and sale of the shares which Ian Tchacos purchased in the Rights issue and sold most a few weeks later to recoup most of his outlay.

The nett result of his shareholding is the same but you are correct that he made sales.

Both sales to which you refer on the 4th and 5th June are sales of ordinary shares in Petroleum Ventures held in trust for the parties involved.

They are not sales of ADX shares.

The directors current shareholding of some 19.5million shares still gives anyone involved in the company assurance that the directors have skin in the game and the recent small purchase by Ian Tchacos shows their confidence as drilling gets closer at Chorbane, where I note you have conveniently overlooked your incorrect information.