YES Exceptional value
So you think that a price in the mid 30's is what they are worth.
AMAZING how people selectively look at and interpert figures to suit their beliefs
Did you bother to read the last qtrly ?
Your figures are based on CVN's production for the qtr of about 2700 bopd .. they expect to more than double production in a few months so the income will be more that double what it was last qtr EVEN with declining oil prices.
Oil declines with a strenthening US$ which means Aussie$ goes lower hence we get more money with the conversion rate.
So if what Ted says come to fruition CVN will be a 6000 bopd producer with about $50 mil in the bank (by then) and raising daily.
Only worth mid 30's ... what a joke
YES Exceptional valueSo you think that a price in the mid 30's...
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| Open | High | Low | Value | Volume |
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