My only interest in the Warro field was for CVN's royalty as it costs them $0 and MIGHT yield them a few easy dollars?
They have some pretty smick gear/experience on site, and with Alcoa on board they will have no issue with funds.
However from what I've read, its not that easy with tight gas. I've got a hopeful 3-5cps valuation on it but who knows how it will pan out? Just glad to see some action on it, as its been on the back burner for many years.
Yes they may get an advantage by getting production to 20kbo but I suppose its a balancing act with the guesswork about the future poo price. I really do see that the 2P reserves in Thailand are really going to be of prime importance to the SP this year.
With the current climate and low cost production as an impressive investment I cant find a flaw with CVN except perhaps the 2P reserve number. But we get the answer to that shortly.
- Forums
- ASX - By Stock
- hartleys 12 month target
My only interest in the Warro field was for CVN's royalty as it...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
|
|||||
Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $268.3M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.0¢ | $155.3K | 1.059M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 530233 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 440281 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 530233 | 0.145 |
13 | 2235422 | 0.140 |
3 | 462000 | 0.135 |
4 | 529300 | 0.130 |
2 | 257503 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 440281 | 13 |
0.155 | 838157 | 15 |
0.160 | 1150434 | 18 |
0.165 | 225510 | 6 |
0.170 | 477678 | 10 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |