WN,
Welcome back.
Just wondering, did you hear that figure (60 to 80M) from your source?
And is that for drilling the same hole (PS2) again or a new hole?
As to finance, CVN still have about $30M USD in receivable - it could securitize this (similar to mortgage backed securities) or sell the right to receive future revenue to a Merchant bank.
Another alternative is to sell Outtrim East to Quadrant.
And we still have about $60M.
CEO Newsletter 23 Dec 2016, page-14
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Last
16.5¢ |
Change
-0.020(10.8%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.8¢ | 16.0¢ | $3.525M | 20.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 441949 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 2048593 | 4 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |