CVN 3.33% 14.5¢ carnarvon energy limited

Ann: Fully Underwritten Institutional Placement, page-79

  1. 2,312 Posts.
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    towie it's just where we are in the exploration cycle early on it's easy to get punters excited but now expectations are very high but reality sets in and investors have one eye on the cost and challenges of getting to develoment

    I think we are well placed and happy to have cash on hand even if at a little discount

    and as for elephants no a good description myself and kkw and some others will have nightmares with that phrase
 
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