For me I just don’t understand.
They talk about the percentage of successful drilling.
We have the money for a serious drilling campaign.
We will need funding for production.
So if we had more success would it not be easier to get that funding and what would our stake in the project look like?
20@30%
more cash with companies like this just see bigger spending and more pockets filled but not for the share holders
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-16
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $290.1K | 1.827M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1159858 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 282662 | 5 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |