CVN 0.00% 16.5¢ carnarvon energy limited

Mouth watering..., page-29

  1. 602 Posts.
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    Watching all these comments and our current market depth screen one cannot but think something out of left centre will come along, personally still doubt that production is the main game plan rather concentrating on returns on shareholders investments ie capital gains is/are the game plan.

    Should that be proven correct our 100% owned assets/leases like Cerberus come into their own.

    Given that it has already been said the methodology to be used in obtaining said returns on shareholders investments are infinitely varied..... how about this as a game plan:

    Sell our JV assets for cash (Thailand mk 2) either during or after the forthcoming two well campaign for a thumping great sum, make a capital return to shareholders registered on a particular date leaving say USD200m working capital on deposit with our 100% owned assets as a base structure and start the process all over again with the same board same management and same shareholder structure.

    Gotta: Your ongoing involvement much appreciated.
 
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