Yes I can but do you remember CVN betting the house on Bedout after selling out of Thailand? Success rate has been pretty good and there's lots more undiscovered oil I reckon. Look at Phoenix, Phoenix South, Roc, Dorado, Pavo. Yes, Apus was dry but Buffalo was not in Bedout. Not a bad success rate IMO. Some of it is not economical but there sure are hydrocarbons lying around. Just need the spend some money and drill, drill, drill. Drilling has been CVN's success after some near death experiences. Lots of risk but hey what a ride it's been. It's just that O&G is on the nose and STO are playing their own game. Otherwise the SP would be well north of 30c. Patience will be rewarded big time.
Yes I can but do you remember CVN betting the house on Bedout...
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $268.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $378.0K | 2.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 102702 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 707662 | 12 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |