Just back from the presentation in Melbourne.
Shorting our SP:
- Can confirm the company is aware there are a few funds shorting our stock (one fund is doing most of the shorting),
- For what purpose, they don't know.
Buffalo:
- A shortlist of 3 parties are vying to be our JV partner,
- Under normal circumstances (where there are no delays), it will take up to 18 months to get first oil out of Buffalo,
- CVN is looking to getting at least one free carry at Buffalo,
- The first drill (if we were to secure a JV partner now) will likely take place in about 9 months,
- The board have discussed the option of selling Buffalo after the first drill, so that we don't need to raise capital for Dorado and if we do, it will be a small amount (refer to my post here https://hotcopper.com.au/posts/40343912/single).
Flow test results:
- Could take up to another 3 weeks (Max) to complete,
- Baxter flow rates should be out first (within next 2 weeks),
Any way, that's my interpretation from what I heard.
Good luck to all.
- Forums
- ASX - By Stock
- CVN
- CVN Shorts
CVN Shorts, page-23
-
-
- There are more pages in this discussion • 124 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.0¢ |
Change
-0.010(5.88%) |
Mkt cap ! $286.2M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.0¢ | $90.30K | 546.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 303067 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 620669 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 249317 | 0.160 |
6 | 447638 | 0.155 |
11 | 707702 | 0.150 |
16 | 738282 | 0.145 |
11 | 542777 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 545669 | 9 |
0.175 | 666990 | 5 |
0.180 | 501225 | 8 |
0.185 | 119057 | 4 |
0.190 | 810388 | 4 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |