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
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- Ann: Roc-1 well update
Ann: Roc-1 well update, page-43
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Price($) | Vol. | No. |
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