CVN 0.00% 16.0¢ carnarvon energy limited

Ann: Buffalo Project Update, page-179

  1. 249 Posts.
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    Forget blaming SHORTERS for CVN underperforming price.

    the issue is CASHFLOW and then True believers and BUYERS.Without CASHFLOW there is no rush for buyers to invest in
    a "declining industry future" ." Show me the money" and Buyers will come in. New Buyers are not interested in the "potential" in 4 years when there is also the LOW risk that new assets will be allowed to be taken out of the ground.
    Meantime be patient , like the last 6 years and stop the silly Shorters blame game. The shorters play because they understand the lack of Buyer appetite at times in a company's history.
 
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