"Miserly" Adrian once again runs our Company for another 3 months, on minimal cash burn.
Still have over $48 million in the bank and a bunch of the upcoming drilling costs for PS3 covered, thanks to the insurance payout.
Double spud still confirmed for March and May respectively, with results expected mid year.
Oh and didn't you just love the part about Buffalo where he says:
"At the best estimate (2c) of recoverable oil, the field has a revenue generating capacity of approximately US $2 billion, at current oil prices.
Gottalovecvn...
Ann: Quarterly Report December 2017, page-2
-
- There are more pages in this discussion • 96 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $386.1K | 1.979M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 425882 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 256926 | 7 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |