Good to see that Peter Starchan has placed a speculative buy on ADX ahead of testing at Sidi Dhaher in his report dated 17th November.
He also sees some good upside... "Allowing for normal market dynamics, a price target of 20 cps or 70% of the risked appraisal asset value appears achievable, however un-risked success value for the prospects listed amounts to over $4 per share".
http://www.adxenergy.com.au/documents/1321569416_StockAnalysis%20Special%20Edition%20for%20ADX%20(17%20Nov%202011).pdf
DYOR
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