20 mmbls p2 reserves @ $20 pbl in the ground $400m
Cash $10m plus positive cash flow around $25 million this coming year.
Fully funded multi well drilling program about to start.
Phoenix fully risked worth 10 cents per share. Could be a company maker.
700m issued shares.
Value 70 cents per share.
Not bad buying for 15 cents.
Cheers all,
fundamentals
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $696.5K | 4.350M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 841466 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1570125 | 13 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |