I reckon that the quarterly will create a bit of a stir...when people see how much cash CVN are putting away each month.
Hopefully we will also learn more about their corporate intentions.
And with US$70 oil times the Aussie exchange rate of 0.64 = A$110 per barrel. Even if you strip out 15% for the tapis discount, cvn are earning A$93 per barrel
And at 6000bopd that makes a lovely revenue figure of A$550,000 !
poe up 7.87 per cent, page-8
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