Our current income at cnn is roughly 400K pa from bank...

Our current income at cnn is roughly 400K pa from bank interest.
I always laugh each qtr when I see 100K per qtr of that go to PV for management services and a wage.
When you consider the other fees and wages charged to the other PV/cnn spin offs listed on ASX and not listed thats a mighty sweet income. Power to PV for the ability to make it happen for himself. I am sure many here would like those kind of consultancy fees and wages.
But for stuffs sake PV please do something with this listed company.

But for soooo sooo long CNN has sat like a lame duck with very little news from any part of the business. Sure the U has potential we all know that but we will all be that old by the time we get further with results how will we all get to enjoy it. Even if they find the plane and the guide dog how long before we get a drill rig at location, another couple of years down the track. I bet we have a wet season that will last for 4 years or the drill rig will have a flat tyre and take 3 years to fix.
Seriously have you ever known a company with 5.4 mil. in a bank for so so long do so so little. You can now add another 500K to 950K for options payment in near future and we will have approx 6.2 mil. in bank and heading where?

Is our future at cnn only bank interest?
No word on the water business for ages, thats why I bought into CNN and at alot more than current SP.
Ring the company and go to meetings its all going to happen soon yeah yeah the next 12 months will be very big. Alrighteeee that was years ago.
Are you frustrated with your investment yet?


Above is my opinion only and as always DYOR.