Frustrating Price Decline, page-4

Everyone bar those accumulating will share your frustration, but I believe that the intrinsic value will ultimately been seen, given successful results from the drilling & subsequent analysis.
I have no expectation of the upcoming PS results, and think the market has made the call of it being non-commercial given the POO. Anything better than that & I expect the sp will rise considerably. For me it’s all about ROC, & I’m not too worried about the sp currently.
CVN have multiple opportunities to pursue in the acreage they hold, & a solid cashbook to assist in that aim. EYES can see that cash dwindling & perhaps he will be proven right in time. If however CVN unlocks a commercial field, then I expect we will be taken out well before the cash runs dry, & at substantial premium than where we are now.
On the risk v return scale, I think CVN offers a compelling opportunity – the best to date in my time holding, which must be nearing ten years now.