CVN 3.03% 16.0¢ carnarvon energy limited

Ann: Appendix 3B-CVN.AX, page-3

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  1. 13,293 Posts.
    lightbulb Created with Sketch. 1234
    Its fair to say CVN has done a remarkable job in the last few years transforming the company from its Thailand asset base to where it is now.
    Not many small caps can get this right but this one has been on the money.
    Where would we be if they did what most executives would have done and just sat on their yearly salaries and did nothing.
    In deep POO I would suggest and would be doomed to continual dilution.

    Well done you guys and totally deserve the meagre outlay for your efforts.
    Totally transformed the company with excellent opportunities for the future.

    The reason most of us are in now were the drill possibilities at PS1 and due to management expertise it came good.
    Now its still a new oil and gas province until proven otherwise.
    The ex Apache team at Quadrant definitely think so snapping up another 40%
 
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