Ann: Results of Meeting, page-5

Totally agree. Directors' and management's role is to manage the business and I feel they are doing a good job. The market generally determines the SP. When Dorado was a gusher the market pushed the SP up to around 60c. What's changed since then? Buffalo was a dud but at no cost to CVN. It was small potatoes compared to Bedout and I believe it was kept alive to keep CVN alive. Pavo was a gusher and future prospects from 3D seismic opened up new prospects. Dorado FID delayed but not CVN's fault. So management is doing a good job but Mr Market is taking a bearish view of future. Not much more management can do. Give them a break. If you believe Mr Market is right then sell and move on. Many here are in for the long run albeit currently a painful and unrewarding exercise. But I'm used to pain and suffering when holding for hopefully long term gains.