CVN 1.61% 15.8¢ carnarvon energy limited

Ann: Buffalo Farmout and Redevelopment, page-138

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  1. 885 Posts.
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    I like your enthusiasm Maggie, but there's a couple of very optimistic assumptions there: 1) cashflow in 2023 after drilling in 2021 is... an aggressive target, and 2) even if that plays out, generating enough free cash to 'self fund' Dorado (which will need more funds before 2023) in, say 18 months, seems unlikely. On top of that there's a couple of wells to drill at Apus and Pavo no?
 
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