CVN 2.44% 20.0¢ carnarvon energy limited

Ann: CVN's September 2010 Quarterly Report , page-37

  1. 11,417 Posts.
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    re: Ann: CVN's September 2010 Quarterly R... El, Your in love with this one!

    What is this investment banker rubbish!

    All I'm suggesting is a bit of PR really.

    Eg, whats the rush in announcing farming out of Aussie leases?

    Suggesting this could be taken as a negative by investors.

    Over 700m of gas shows that haven't been measured.And we farm them out when there is likely to be a lot of extra cash coming in?

    This is a decision that needs full explanation.

    Why not delay decision on something like that to closer to deadline so management can keep all options open so can make decision when more knowledgeable on actual cash balance at time of deadline?

    As always DYOR.

    ps have a read of my reply to jordy1 might be beneficial.
 
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