CVN 2.50% 19.5¢ carnarvon energy limited

Ann: Thailand Operations Update - L44 and L33 , page-10

  1. 11,422 Posts.
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    Chewy re asx200,

    unfortunately you and EL have no idea about the workings of the modern stock market.

    I am hoping they are successfull in increasing production with additional rigs and finding some oil in L20/50 this quarter or we'll witness the wealth destruction slipping out of the asx200 causes.

    One has to wonder about the decision to reduce number of rigs in the first place.

    EARLY decision to farm out Aussie leases means there is no blue sky in them to help support sp at the moment.

    Please note use of the word early.

    That's the point.

    Cheers EWO.
 
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