Vik,
Yes, reading between the lines I’d be surprised if debt didn’t cover 75%, so $110 of our equity at current worst case. Given ongoing exploration perhaps a CR of $50 to $80 mm in 18 months? Adrian hates a depleted cash balance. But as he always says there are options to a CR, I am pretty sure he wont want to do another one lower than 39.
Nothing like the scary stuff we were looking at for Roc a gas development when we were a sub $100mm company.
EL
Santos Investor Day, page-10
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.8¢ | $665.9K | 3.894M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 586060 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 734604 | 6 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |