next stop 13.5, page-4

Firstly I"ll declare myself as one of the stu pid masses who didn't buy CVN until after the placement takeoff, saw the value, saw the upside, but accepted the herd view that there'd be a placement and buying opportunity. Now fully in at ave around 11.2

I don't care a lot for charts etc. This might slip to 11 (I suspect not) on low volume until NS-3 result. If positive this will soar into the high teens on high volume. If not it"ll slip on low volume, maybe 10, even 9, but with another 36 wells I see this as a bit of a no-brainer. Hard to see many wells before this is above 20 imo.

Just my (obviously biased, but genuine) opinion,
EL