Retired123,
The best way to picture Dorado is a trap; like a fish tank you may have.
The trap in your fish tank are the 4-sided glass.
And if you place sand and liquid inside the fish tank, you know the liquid won't escape as its blocked by the glasses on all sides.
And you also know you can extract the liquid inside the sand, with a suction tube.
However, what you don't know is the rate of extraction of the liquid from the sands, as you don't know how well the liquid flow through the sands into the extraction tube.
Well, that is what we doing at Dorado 3.
We have already established Dorado is a trap via D1 and D2.
What our JV are trying to establish via D3, is to find out how well it flows; the easier it flows, the more we can extract, which means the more volume we can recover.
And the more volume we can recover, the More Money we will make and the more our SP will respond.
- Forums
- ASX - By Stock
- CVN
- Ann: Dorado-3 Drilling Commenced
Ann: Dorado-3 Drilling Commenced, page-22
Featured News
Add CVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $286.2M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.5¢ | $290.1K | 1.827M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 1159858 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 282662 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 1159858 | 0.155 |
11 | 1113924 | 0.150 |
18 | 717263 | 0.145 |
16 | 690994 | 0.140 |
4 | 444408 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 282662 | 5 |
0.165 | 1114685 | 13 |
0.170 | 641240 | 16 |
0.175 | 388438 | 5 |
0.180 | 415439 | 10 |
Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |