CVN 1.25% 19.8¢ carnarvon energy limited

Adrian Cook. "Thinking differently"....again., page-44

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    But in the longer term it looks like getting better by the day for CVN. Dozens of oil/gas companies will go broke at the current oil price, mostly in the USA. Many major projects will be stopped or put on hold(already happened), all this points to a surprise spike in the price of oil when demand picks up . This might all line up as Dorado moves towards production. Nearly all Australian oil/gas companies who thought they were smart going to USA will go under (FPL today). There are going to be some smart T/O mergers at bargain basement prices STX for Warrago today. Lets hope there is not a shark looking at CVN for next to nothing!
 
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