CVN 0.00% 15.0¢ carnarvon energy limited

71 million cash in the bank, page-35

  1. 268 Posts.
    [QUOTE]
    Not just profitable, EXCEPTIONALLY PROFITABLE. Our gross cash profit margin about 90%.

    When you look at our return on CAPEX, also EXCEPTIONAL. All capex to date repaid several times over!
    [END QUOTE]

    A good mate (who I got into CVN) made me laugh when he said how can their costs be so low, just my new landscaping/paving took 30% of my income.

 
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