Trying to juggle in my mind why CVN isn't above at least the $1.00 mark .
POE-9A
Currently at 682 BOPD
slim hole casing restricted flow
L44H-D2
Reached total depth 2357m last week
currently running logging operations, oil shows were at
1080-1100m, 1505-1510m, 1845-1850m and 5 deeper volcanic
intervals.
L44/43
The NS3-D1ST sidetrack appraisel well last Thursday at 928m lost circulation of 200bbl per hour-drilling should be completed by Monday week.
Approval of the 32 drilling locations at Na Sanun East and
Wichian Buri Oil fields
Current price of oil.
Projected BOPD
Nil debt
Makes a $1.00 share sound very cheap !
Nobody seems to have really discussed this point, but
wouldn't CVN be starting to look like an attractive t/o target for POE or EXXON/Mobil or Shell.
Anyone have an opinion on this aspect ?
DYOR.....
good news week
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $366.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $724.4K | 3.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 279612 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 485773 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |