Hi Red,
No so good on the technical valuations though there was some one a while ago on the CVN thread who did show some pretty good numbers which I thought checked out pretty well
I am basically assigning a value of 5 cents per share for each additional 400BBL per day of on test production to the participants (CVN 40%). Though after reading the excitement of PC43 on the latest drilling results, and the porosity of the reservoir, this is probably extremely conservative.
We have about three sets of results coming in shortly. All being positive and at around 400BBL/d then 30 cents plus a bit is my guess. If the numbers stack up better, and the stock gets a bit of a ramp under it 40 cents plus is not out of the ball park.
Cheers
Jami
Hi Red,No so good on the technical valuations though there was...
-
- There are more pages in this discussion • 8 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
19.5¢ |
Change
-0.010(4.88%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.3¢ | 19.5¢ | $194.1K | 985.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 903500 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 427080 | 5 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |