Drilling and development are independent of each other. There's oodles of cash on balance sheet and contingent (on FID) for both and drilling should enhance the SP. Plus at say $7m for a drill it will not break the bank. Interest on the cash stash alone will pay all corporate costs. Waiting for STO is not a great option. Waiting for Rusty to find a low ball offer may suit his interests but not mine. CVN is an explorer so let's explore. Why else would you invest in CVN?
Waiting for STO is not a great option. They have their own agenda which does not align with mine even though I'm a shareholder in STO. Great company.
Ann: Changes to Non-Executive Directors, page-30
-
- There are more pages in this discussion • 24 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 |