CVN is in a position of strength in that it carries no debt. There are / will be opportunities out there that may present from companies that require funds, and they are forced to offer generous terms to secure such funding.
If the present correction in markets continue, imo, further opportunities will arise. If CVN can restore healthy production, it may be able to take advantage & really grow its assets base.
Things may appear flat currently re production which is (hopefully) temporary - but reserves have still grown and it appears Ted is chasing new opportunities.
I'm comfortable holding.
CVN Price at posting:
33.9¢ Sentiment: Hold Disclosure: Held
