"If we could only fund a 100% CVN owned production unit where we both own it and operate it then we may press the correct investor buttons, probably dreaming on my part...but have always thought those 100% owned assets may eventually play a vital role and should be so regarded."
Above from another recent thread,
Whilst can not recall the board saying that production is/was their main aim, is it just possible that this lease with this equity makeup may be THE ideal opportunity?
The most significant line in this announcement is the last line:
Permit equity holder.........CVN (the most significant word is (OPERATOR)......100%
Ann: Buffalo Project Update, page-12
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