CVN has just released something. Below is what they”ve said on financing.
“ Carnarvon has commenced early discussions with domestic and international banks who have indicated strong interest in financing the majority of its share of the development capital with senior debt. Oil traders have also indicated interest in providing structured finance as an additional source of funding to senior debt. Carnarvon will commence a formal financing process once the development concept and contracting strategy has been finalised.”
From that I retract my $150mm worst case number. I think he”ll do something to keep the kitty full, but maybe less than the last one. Shorter begone! Doomsters begone!
EL
Santos Investor Day, page-6
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16.5¢ |
Change
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Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $265.7K | 1.655M |
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| No. | Vol. | Price($) |
|---|---|---|
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|---|---|---|
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