CVN 3.13% 16.5¢ carnarvon energy limited

So in assessing the October 2022 shareholder update I noted.Some...

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    So in assessing the October 2022 shareholder update I noted.

    Some clarification toward the FID of Dorado for the joint venture with Santos.

    Thomson Naude CFO at a recent conference did mention a one quarter divestment of $100 million US to help fund the CVN share of Dorado with senior debt and mezzanine finance to get the other $300 million US or so.

    He also mentioned that NOPSEMA are close to granting the environmental approvals by the end of the year with two points to sort out.

    He mentioned they are moving toward FID with iron ore and steel prices reducing and labour forces being more mobile in SE Asia allowing the FPSO to be built perhaps out of Singapore in the future.
 
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