Australia's largest stock trading and investment forum Australia's #1 stock forum

ADX

Click for more information

3.61%

8.6¢ adx energy ltd

Large Natural Gas Field Found in Austria, page-8

First 8 Last

Share
Profile

Follow
Euroskeptic

155 Posts.

41

28/02/24

20:48

Post #: 72655611
Share

Originally posted by plough: ↑

That report is a month and a half out of date , they are either drilling illegally or they have the licences required , I am thinking the latter .
Given each Austrian uses around 1/2 a tonne of coal per person each year (about 4 million tonnes in Austria per year ) substituting for gas is the better option as :
the CO2 per energy unit of gas is around half that of Coal and has none of the other toxins its just stupidity for environmentalists to be against this project.
Is it better for Grandma to have a gas fireplace or keep using coal or are you just going to turn her gas or coal supply off and let her freeze to death - yes she is going to have her feet kept warm with cleaner energy ie gas !

Also the Mollen gas is domestically produced unlike the coal which is over 97% imported so also financially far more viable for Austria on a balance of payments financial perspective

There really are some nut cases out there !

Expand

Austria has one of the greenest energy supplies in Europe.
There is some coal fired electricity, but 80-82% of Electricity is from renewable sources, with Hydro accounting for the biggest slice.
coal in domestic heat is not a thing.

ADX Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

There are more pages in this discussion • 2 more messages in this thread...

First 8 Last

Add ADX (ASX) to my watchlist

(20min delay)
Last 8.6¢		Change 0.003(3.61%)		Mkt cap ! $48.84M

Open	High	Low	Value	Volume
8.7¢	8.7¢	8.5¢	$7.571K	87.93K

Buyers (Bids)

No.	Vol.	Price($)
2	762667	8.3¢

Sellers (Offers)

Price($)	Vol.	No.
8.6¢	249770	1

View Market Depth

No.	Vol.	Price($)
2	762667	0.083
4	272407	0.082
1	120000	0.081
1	250000	0.080
1	37000	0.079

Price($)	Vol.	No.
0.086	249770	1
0.087	71741	1
0.088	113600	1
0.090	191240	4
0.091	40000	1

Last trade - 16.10pm 19/06/2024 (20 minute delay)

ADX (ASX) Chart

SPONSORED BY