Ann: Investor Presentation, page-136

With $50m in the bank and the cheap cost of the appraisals and with not much large expenditure in the near future I'm hoping they have no need or rush to hit the market.
CVN medium term are comfortable cash wise.

The raise at 13.5 cents surprised me and it was if they were just taking out insurance in case we hit dust.
Sure it was for Buffalo as that was our fall back if we had bad results, but guess what, I hear words I haven't heard in the Australian oil industry for decades.
Incredible, dwarfs it, so many targets I cant fit them in to the pic and more.....lol.

This will move up slow and steady and we have so much news coming when they work out how big this monster called Apus is.
Adrian more or less said he has never seen this before and we need more time.
The market understands these statements well.