Well I am an investor in oil/gas shares, in CVN to be specific, and it ISN’T A WORRY for me.
I seldom issue guarantees, the oil market is so unpredictable, but I will guarantee there will be much more rising and falling of the oil price before Dorado come up to it’s FID point. And much more again during the life of the project.
What if there is an oil glut now? How quickly do a few oil shalers fall over? What marginal projects slip?
Doesnt take much to unbalance oil demand supply either way. Another month another story imho.
Big yahn,
EL
Positive Movement, page-69
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $120.3K | 766.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 519078 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 231114 | 5 |
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| CVN (ASX) Chart |