Agree, we should all reflect calmly what CVN has.
Cash $103M AUD.
Receivables $30M USD.
Other physical assets - 4 permits around ROC and PS1 plus Cerberus.
Discovery - oil in PS1 and gas in ROC (Note, this was an area no one thought there was oil and gas, yet we found both).
WIP - $50M Seismic (already paid for) and near completion.
Debts - NONE.
Operating costs (Admin) - 4 M AUD per year.
Market cap - $ 99M AUD
Ann: Roc-1 well update, page-43
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Mkt cap ! $357.7M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $110.8K | 554.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1106170 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 221765 | 11 |
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