CVN 0.00% 16.0¢ carnarvon energy limited

agm today, page-29

  1. 106 Posts.
    Very good work on your AGM post Onceover. To be honest , after rereading the AGM ann , it seems that we could gleen more info about CVN's future from your post than than the agm preso itself!

    Honestly though , did the presentation appear 'simple' to anyone? A bit like it was just an effort to appeas stock holders , or to attract 'retail' investment back in.

    Maybe I am suffering from report overload, but it just seemed to glide over the last 12 months with a generous round of backslapping, and the message for next year is 'just you wait' things will be exciting, but no seeming substance in the mddle.
    Don't get me wrong, I was basically happy with what I read , but with experienced operators in control, the report seemed like it was thrown together at a morning tea meeting.
    The same applies to the Chairmans address, very short , very simple , but void of any real 'meat'.

    Admittedly the price action of the last 12 months is exemplery, but the same cannot be said of the last 6 months, of which , little of this was referred to by any of the members of the board...
    Lets hope that ,in 2010/2011, as per Carnarvons typical way , their actions speak much louder than their words.
 
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