They have said "it" again;
"(we have)strengthened our financial position in preparation for success in the N.W. Shelf(Phoenix South-1 well)".
The adjective "possible" is missing ,as before.
CVN are certainly in love with Phoenix as a result of what they were able to extract from the data and were able to convince Apache of to the point that Apache might have to put as much as $140m into drilling the lease.
It continues to be a great punt,IMO.
Ann: Investor Update, page-3
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $140.9K | 870.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 280894 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 636903 | 20 |
View Market Depth
| Last trade - 13.31pm 02/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |