Ann: Company Insight - Explains Farmout of WA Per, page-6

re: Ann: Company Insight - Explains Farmout o... No real surprises in this. I've been more-or-less meaning to put in for the capital raising, but they are painful damn things. I hate having to scratch up the money and then send it off and wait, wait, wait, never knowing if you are going to get your shares, or some of them, or none of them 'cause it's over-subscribed.

So today when the price dipped to 8.4c I said "that's close enough" and bought them on-market instead. Cost a fraction more but at least I know how many I'm getting and when I have to pay for them. Simple is good! That's my third batch of CVN, and enough eggs in the basket for my taste. I'll be looking to sell 50% of my holding at around 12.5c, let the rest ride.

...... all of this assuming that the Thailand campaign brings results, of course, and that remains to be seen.

Still, news of the successful farmout does no harm at all to our prospects.