All natural obstacles are hurdled as which were:- verification...

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    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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Last
2.8¢
Change
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Mkt cap ! $16.33M
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Price($) Vol. No.
2.9¢ 516747 5
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Last trade - 13.55pm 18/09/2025 (20 minute delay) ?
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