Ann: Quarterly Activities Report and Appendix 5B, page-13

what a great qrtly - in 38 yrs of playing/investing/speculating in the little aussie oilers the current CVN position is second to none and i believe the price of oil is going to assist CVN during the next 12 months - the oil shale patch will keep reducing in prod over next 3-4 months as the lag effect of no rigs drilling finally catches up with them - see today EIA 10900k bbl oil prod - starting to trend down again - and CVN will drill pavo/apus in 10 months time - it does not get much better than this - oil still out of favour in many ways which is exactly the time to buy into good Cos even though CVN has recovered from 12.5c to 30c - but that only was a massive buying opportunity - because EVERY other stock did the same - so our sp slips back under 30c today which if covid had not done the damage most punters would believe it is a good price - well it still is!!!!!!