I was unimpressed with the presentation or what appears to have been delaying tactics by Santos. The maps were better, but nothing new. No mention of 'the green diesel' .I assume and hope its been dumped. Timescale of the drilling , unknown! How long has Santos been looking? Will they be able to sell part of Dorado without FID? Given the long delay, I wouldn't be interested if I was a CEO of a hopeful producer! I would need a definite FID first. No mention ,that I could see ,of the cost of the four Wells to CVN. How much of our kitty will be left after completion? How long before the lumbering giant pulls its finger out? I hope to sell at the next boost in price. I'm hoping for a hostile takeover of STO . Unfortunately, WDS seems the only possibility!
Sorry for the negativity,but I am disgusted with both CVN and STO and will likely sell both when the opportunity arises. I've held CVN on and off since Thailand. Good luck to the stayers.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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14 | 782134 | 0.190 |
14 | 2696117 | 0.185 |
5 | 800000 | 0.180 |
5 | 327022 | 0.175 |
Price($) | Vol. | No. |
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0.200 | 247080 | 4 |
0.205 | 496332 | 9 |
0.210 | 1135779 | 18 |
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