Entrepy, don't think my angle is one of doom and gloom. It's actually the opposite.
I am merely stating the companies objective in the short term will be ramping up production numbers due to:
a.) Getting the cash through the door to upgrade transportation issues that will become apparent by year end.
b.) While they wait for Environmental approval on the 27 new wells (due mid April) they have a prime opportunity to fully exploit there proven fields.
Until then; yes, a fleet of trucks or tuk tuks will actually suffice and booking more slots at the refinery isn't a problem, the refinery can also handle anything that it throws at them.
There will come a time when on-site storage, the number of trucks waiting to get filled and all the new discovery well producers gushing oil will have Ted running to the refinery with bags of oil on his head.............
- Forums
- ASX - By Stock
- CVN
- 3 rigs
3 rigs, page-12
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M |
Open | High | Low | Value | Volume |
15.5¢ | 16.3¢ | 15.5¢ | $136.9K | 856.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 541471 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 2293080 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 541471 | 0.160 |
24 | 1758236 | 0.155 |
20 | 1368616 | 0.150 |
22 | 910013 | 0.145 |
13 | 647771 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 2293045 | 28 |
0.170 | 1059742 | 20 |
0.175 | 873786 | 10 |
0.180 | 373384 | 9 |
0.185 | 92057 | 3 |
Last trade - 14.58pm 06/11/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |