Ann: Pavo-1 Drilling Update, page-19

Windsor, I think all the points you raise are on point and valid, but I think that overriding macro forces in global markets, which seemingly are heading to bear market territory, coupled with international shenanigans happening in Russia/Ukraine as well as China’s belligerent antagonism and you’ve got what i think is the perfect storm for potential investors to be reticent in parting with their money and the shorters using the overall market fear( and the buffalo duster) to their advantage and forcing the price further south. Without stating the obvious, only a positive Pavo result will allow the cvn share price to decouple from existing exterior forces. Here’s bloody hoping, just my random thoughts…