CVN 0.00% 19.5¢ carnarvon energy limited

Possible New Run Starting, page-261

  1. 1,025 Posts.
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    so the fact that in the last year we have been the subject of 58million short sales, seen a world wide pandemic knock the oil demand to record lows (and the oil price along with it) is somehow the boards fault?

    what the board has done has set us up to ride out this drop in demand with a ton of cash and zero debt, progressed one of the biggest oil discoveries in the NW shelf through a feed and ready for FID, reassessed the bedout thanks to their new 3D seismic and identified several new “potential dorados”

    it is not the board’s fault that no-one wanted in on buffalo until recently. Its a bit like offering your daughter for marriage to a bunch of gay guys. Yes she may look spectacular but they simply weren’t interested.

    you and mayhem are delusional if you think the board needs a shakeup...
 
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