CVN 0.00% 15.5¢ carnarvon energy limited

Positive SP Action, page-5

  1. 284 Posts.
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    It looks to me as though Santos has long ago lost interest in the Dorado project. If so it would make sense for a potential buyer to takeover CVN as well to secure adjoining tenements, perhaps happy to keep the Koreans on as a junior partner cum customer if they don't want to sell their 10 per cent. Sheer speculation on my part. Have been a shareholder since the Thailand days. Last time I sold any CVN shares it was for 70cents per share. Followed by a memorable trip to Europe. Sadly not this time around. Thirty cents sounds more likely. Still all good parties eventually come to an end.
 
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