CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Quarterly Report March 2015, page-42

  1. 5,536 Posts.
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    Hi cujo, seismic will be a while off yet. The Polarcus asima is still cutting laps around the lease then obvious lag time in processing. Finder has timeline of seismic in permit summarys if you would like a read. Taken the long term view on this one now, if we keep getting free carried wells with good prospects it can only add value being so close to cash and asset backing already. With everything being delayed it may lead to a compressed time line where many announcements will be coming hard and fast. Some time between end of this year and March/ April next there will be no shortage of potential SP drivers either way. Onward and upward. I couldn't help loading up on a few more over the last month as not planning to sell inside of 18 months , maybe longer.
    Last edited by 1ForDaMoney: 02/05/15
 
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