CVN 6.25% 17.0¢ carnarvon energy limited

71 million cash in the bank, page-42

  1. 268 Posts.
    EL
    Yes my assumption agreed with you in that tax is paid within the even 1/4s. It will be very interesting to see what they do with the cash buildup. IMO a new Thai acquisition is going to be in the 2009 budget. No matter how pessimistic I cant see the oil price getting any worse than we have seen. All of which holds CVN low cost production in good stead.
 
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