LOL at the picture of just a sandy road and "drill here" marked out.
Its as simple as that folks. X marks the spot right?
The only thing is, as far as i can see these guys have lots of concurrent drilling oppertunities and the way they work is find potentially great finds farm out pretty much all the costs and then commence drilling. Not a bad way to do business. However i cant find information on any successful or unsuccessful wells and they seem to have their fingers in many different projects...
from the Sep Activities report:
"ADX?is?reviewing?farmin?offers?on?the?Sidi?Daher?well?on?similar?terms?to?that obtained?previously.?Given? that?ADX? is? fully? funded? for? the?Sidi?Daher?well,?a? further?farmout?of?10%?of?ADX?s?remaining?50%?carried?interest?is?expected?to?yield?additional?funds?which?can?be?utilised?towards?exploration?projects.?"
Good news is theres nothing stopping this from going ahead. All the finances are in place now. Just need to get the rig there and start drilling.
They are certainly richer than GGP.
LOL at the picture of just a sandy road and "drill here" marked...
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