Ann: New NWS Exploration Acreage-CVN.AX, page-58

I think the 3^rd hole should still be considered at best a possibility not a fact until we get an announcement. Also remember CVN will have to put some $$ up for these holes and the third one I would imagine will not be not be cheap  so our SP cash backing might disappear. If the holes find what we hope it might counter the loss of cash but don’t get carried away by thinking a good result will automatically improve the SP. CVN may offset some of the costs by selling or farming down parts of what they hold but let’s wait for the announcements.