Ann: Phoenix project drilling update, page-30

Agree Cosmo - to each their own. This appears to be buying season.

A big difference between perceived value and actual value. CVN is showing actual value which isn't realised by some, this leaves a significant opportunity for those willing to do their homework and see the broader play. Oil & Gas lull won't last much longer perhaps 6 months is a guess by those in the Arab states ... July is traditionally the month the prices come back with the northern hemisphere driving season amongst other things. It could take a while longer with large forces at play. DYOR

The old saying goes "buy when there is blood in the streets, even if it's your own". I'm taking the opportunity to average down while some are keen to find an out for short term opportunities elsewhere. This one tends to have suprises at every corner with very conservative updates from the leadership team ... what else could you would hope for in a small cap keen to make their mark.