Hi V_H,
I would prefer to see your best case scenario if PS 1 is deemed commercial and Roc drill is successful soon after and PS is an oil find too; plus if they find 20 other interesting locations with their 3D seismic survey of the area.
Too much negativity from posters about CVN as late...yeah we all know oil is risky and the price of oil as late certainly hasn't helped; but brokers are still predicting good results and I think they are privy to information we do not receive.
Hope for the core samples results soon..good or bad..wait is killing me..
Ha ha good luck
CVN A$158 mill cash and receivables, page-127
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