when i finished work today i planned to pin a post...ive read yours and you saved me the time...toatally agree ...i was somewhat disappointed at first with with raise , but as stated this is the nature of the game, what else could cvn do ?? we need to be ahead of the game and i believe ac is doing that ...this plan would have been in place prior to pavo imho
the success of pavo means we will require more funding to meet our obligations of extra drilling and now almost certain positive fid imho
it is all about de risking in the oil game and i believe ac is doing just fine , maybe not for the quick traders , but investors long term and well informed will be very well rewarded ..imho
the bedout has just been de risked and is growing just nicely
a good friend of mine explained it like baking pies
q1 do you want to bake party pies or a family pie ??
i believe cvn can fill the oven with many family pies , they have the ingredients , they may even have to buy a bigger oven after apus and further drills
remember cvn have a suite of options available at hand to meet further obligations re finance
and for all that worry about insto's and soph investors, they have the ability to also put a rocket up the sp imho
postive drilling completed , pies getting bigger and probably have 140m plus in the bank
whats not to like about that imho
CVN Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
(20min delay)