Replies to post #14509 on Addax Petroleum (fka AXC)

[Krombacher]

Oil acreage might not be commercial/ valuable at $50 oil...

... but maybe that changes at $70 or $80 or $100 oil.

It's all relative.

That said we simply don't know if there's any interest because the company is not reporting.

But maybe they're in talks with the majors like Total now.

Anything is possible in the new paradigm coupled with higher oil prices.

Krombacher