ADX Energy (AU:ADX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
ADX Energy, an ASX-listed European energy producer and explorer, has released an investor update highlighting technical reviews and audits of its reserves and prospective resources. The update includes an independent audit by RISC Advisory Pty Ltd of developed reserves in Austrian fields, with a focus on both producing and non-producing reserves. Prospective resources, including the Welchau Discovery, are being re-evaluated, emphasizing the speculative nature of investments in the company.
For further insights into AU:ADX stock, check out TipRanks’ Stock Analysis page.