it worked.
i like this part... "Net cost to CVN is less than $20m based upon prior campaigns;"
that still leaves $80m-$85m in cash.
assuming Advance can raise their $20m for buffalo... that makes CVN's net exposure of $20m for 3 drills in the next 12 months... and if the oil gods are smiling on CVN and we hit the expected targets in each of the 3 areas (buffalo, apus, pavo) thats a $20m spend for a potential $700m increase in share price at the 80c target.
i have to ask myself, with that upcoming drilling schedule, and a previous success rate of 8 from 9 drills... would i be sitting comfortably if i was a shorter...
looking forward to the next 12 months and calling our old high of 69c our new bottom.
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Last
19.5¢ |
Change
0.010(5.41%) |
Mkt cap ! $344.0M |
Open | High | Low | Value | Volume |
19.0¢ | 19.5¢ | 19.0¢ | $526.3K | 2.716M |
Buyers (Bids)
No. | Vol. | Price($) |
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16 | 1398837 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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19.5¢ | 343040 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 1398837 | 0.190 |
23 | 1970047 | 0.185 |
25 | 1809800 | 0.180 |
14 | 1705785 | 0.175 |
3 | 301176 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 343040 | 6 |
0.200 | 1623437 | 30 |
0.205 | 987984 | 15 |
0.210 | 1449892 | 17 |
0.215 | 460003 | 6 |
Last trade - 11.35am 29/04/2024 (20 minute delay) ? |
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Last
19.5¢ |
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Change
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Open | High | Low | Volume | ||
19.0¢ | 19.5¢ | 19.0¢ | 1764067 | ||
Last updated 12.30pm 29/04/2024 ? |
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