Vik,
Yes, reading between the lines I’d be surprised if debt didn’t cover 75%, so $110 of our equity at current worst case. Given ongoing exploration perhaps a CR of $50 to $80 mm in 18 months? Adrian hates a depleted cash balance. But as he always says there are options to a CR, I am pretty sure he wont want to do another one lower than 39.
Nothing like the scary stuff we were looking at for Roc a gas development when we were a sub $100mm company.
EL
Santos Investor Day, page-10
-
- There are more pages in this discussion • 55 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
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $268.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $197.1K | 1.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 978579 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 160943 | 2 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |