Post by
BebeRebozo on Feb 12, 2024 1:35pm
Drills start turning Feb 20th
https://wcsecure.weblink.com.au/pdf/ADX/02771478.pdf
Rig arrives on site on Valentine's Day.
Comment by
brnbrueck on Feb 17, 2024 4:13am
If Welchau doesn't go so well I will probably dump this. I don't have much faith in MCF's ability to receive permits for their German prospects because the Germans don't seem to do anything that makes sense these days. Any guesses as to where our share price could go if Welchau hits and there's really +800 BCF of gas there?
Comment by
Canadaturk on Feb 17, 2024 7:20am
If you just got it than you ll be fine !
Comment by
westshore on Feb 17, 2024 9:20pm
At todays gas prices- back to .32-if we hit big maybe our last year high of .80! O/G sector-is a tough grind nowadays with all the new tech and greenbies out there. Chart looking good at the moment. Lets hope it climbs back.... GLTA
Comment by
brnbrueck on Feb 24, 2024 7:37pm
The CEO of ADX Energy says that one BCF of gas in the European market is equal to about $40 million. So if there really is 800 BCF there, that's a lot of potential value even with a 25% stake...