CVN 6.06% 17.5¢ carnarvon energy limited

Ann: Phoenix project drilling update, page-37

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  1. 1,684 Posts.
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    I am interested on your theory here and how you draw this conclusion Android.

    My concerns are quite opposite and my reasoning is the ongoing shale oil issue which will continue to hold the oil price down due to over supply. I suspect the price will remain at the present levels until supply dries up.

    Would be delighted if a tightening of supply occurred because it would certainly make our investment in CVN (and AWE) bear the fruit that I hoped when originally purchasing shares in the company.
 
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