Hi chewy,
I guess at the end of the day Cvn is the party that can afford to do the drilling. Isn't that the biggest bargaining chip? Maybe there is room to move in negotiations if commercial quantities are found.
Sur raised $4m back in June 2008 by way of convertable note and stated the funds raised would be used "predominantly" for concession L20/50. Their cash flow is quite limited.
Your right though, the tax concessions are favourable to Cvn.
Just thinking allowed. No conspiracy theories.
I've followed Cvn for years now and am quite happy to accumulate at these levels. Just trying to get an idea for their strategy going forward.
cheers
mm
l20/50, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $106.1K | 701.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 260751 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 886610 | 7 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |