All natural obstacles are hurdled as which were:
- verification of Oil existance in Sidi Dhaher and coming to an estimate
- convincing the farm-in pertners
- AGM (SH convincing)
- making a neartime (close to a planned testdrill) CR!
So these breaks which we could have seen as hurdles for SP are passed. It is always difficult - because it costs a lot of work and time - , to bring all partners, Shareholders (private and institutionals) under one hat!
Now I expect the soon following announcements:
- naming of company, who is ordered to fulfill the testdrill
- announcing the commencement of drilling
- near-time results about how much recoverable oil is there?
- and clearness about the not yet announced last Gas indications
If those points are acceptable positive - the amounts are not so important - , You can be sure, that You won't get new farm-ins for old prices!
I even expect, that a possible announcement of a great Oil-Company for farming in will be a rocket for shareprice. (personal opinion!). There were already some indications of good connections!
So the way for future of ADX and its SH is opened!
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adx energy ltd
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All natural obstacles are hurdled as which were:- verification...
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.33M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.8¢ | $16.71K | 594.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 283960 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 516747 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 283960 | 0.027 |
5 | 229000 | 0.026 |
7 | 423150 | 0.025 |
2 | 430170 | 0.024 |
2 | 252000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 516747 | 5 |
0.030 | 1059111 | 6 |
0.031 | 180515 | 2 |
0.032 | 36755 | 2 |
0.035 | 898294 | 3 |
Last trade - 13.55pm 18/09/2025 (20 minute delay) ? |
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ADX (ASX) Chart |