I should add - the unknown is where Oil price will be in 3 years time.
If it remains at this level (circa USD $100), we can look forward to very healthy profits. But if it goes down, like during the pandemic...well, we all know what its like.
Ideally for me, a bigger company come along and do a T/O on us.
News: CVN Carnarvon Energy Will Issue 234.8 Million New Shares At A$0.30 Per Share, page-60
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