CVN 2.56% 19.0¢ carnarvon energy limited

blinkers off, page-17

  1. 13,963 Posts.
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    Arion,

    It's pretty simple.

    Someone like yourself (or someone that cannot afford to lose $500) should NOT invest in CVN, or any other small/mid sized oiler.

    It's that simple, and CVN paying a dividend would not change that.

    Furthermore I repeat the fact that CVN needs it's cash, and cannot afford to pay dividends until it has much higher and sustainable production.

    EL

    PS I do not know the other company you are referring to but it sounds like the folk expecting the $2 divvies would have been better off believing in the tooth fairy.
 
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