CVN 1.56% 15.8¢ carnarvon energy limited

hartleys 12 month target, page-9

  1. 268 Posts.
    It doesn't matter how you look at it, the current market is not going to price "any share" at any sort of real worth. But you also don't need to be an accountant to know the CVN market cap is very obviously undervalued.

    The new reserve to be announced in march/april will no doubt have Ted asking .... perhaps we need a "bigger bank".

    Not many debit free producers have such low costs with excellent reserves on hand.

    Yet the full potential from just the existing JVs is still at least 10-15yrs from being realised. Its a story that's simple to understand and irresistible .... regardless of the worlds crumbling economy.
 
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