CVN 2.56% 20.0¢ carnarvon energy limited

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  1. 523 Posts.
    in a void the chart sure does suggest 6c
    but they are 2/3 way through 1st drilling with APACHE!!!
    the next third will be at least gas for .5km and it maybe condensate rich,or even god forbid,
    possibly oil present.
    thats what ceo suggests,(exBRU ceo)
    AND
    have spudded a new thia drilling for oil(targeted by 3Dseismics)
    with results coming in july.
    so sorry i cant see it hitting 6c,in spite of obvious trend.

    i love cvn ,
    at this stage,its better than nse(16c),rey(9.9c) and certainly ipb.(26c)
    may have pleasant surprises with cvn in near future as results are announced in july.

    i hate to say it but i do hope cvn would get to 6c,because that,d be a wonderful opp to buy more,
    particularly if it hit 6c by end of this month!!!
    doubt if it,ll hit 7c even IMO
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