CVN 0.00% 16.5¢ carnarvon energy limited

Ann: Results of Meeting, page-9

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    News and actions from management over the past few years has been very positive with great exploration success and huge exploration potential. Delayed FID was a disappointment but not within their control. Buffalo was a disappointment but small potatoes and it cost zip. Not much more they could have done IMO. What else could they have been done to? Any armchair directors prepared to answer that? Remember Captain Cook loaded up on shares in the low 30c area with almost 16m in shares. Whilst not a huge position it shows he has real skin in the game He's hurting just as much as us and doing a great job.

    Based on another contributor's summary of the AGM funding and sell down for Dorado is well in hand. Just waiting for FID - 23/24? STO holds all the card here. Not much more management can do unless others have a better plan.
 
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