Nicholls,
The govt gets about 70%, not 30%.
CVN take has been estimated at about 30% based on a poo probably lower than today, and on production based on current reserves only. What I am saying is that the company take will drop well below 30% if all goes well. It is worth reading the broker reports on the CVN website, plus rereading this and earlier presentations.
I still like the story, and regret only getting part of my order at 40.5 on todays dip, but I do not expect a sp anywhere near $1 om the back of the NSE project alone.
EL
riu good oil conference, page-15
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $339.8M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 19.0¢ | $113.1K | 595.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 230333 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 393982 | 5 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
19.3¢ |
Change
-0.005 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| 19.0¢ | 19.3¢ | 19.0¢ | 263992 | ||
| Last updated 15.40pm 14/06/2024 ? | |||||
| CVN (ASX) Chart |