I went to 2018 AGM and asked Adrian about the biggest risk to the company, he said capital allocation, does CVN borrow money, sell down dorado or issue shares.
I think he has done a good job, moving us away from Thailand to this very good field, we only had at most a 20% stake STO 80% he can push them as much as he wants but STO will drive the project
i am very concerned with developments i have held CVN since 2011, it was the one the first shares i purchased, and while i am disappointed with progress i think in 3+ years things will be better, bringing in revenue and adding reserves which once the initial capex is complete the additional cost per barrel is quite cheap. I dont want some short term investors wanting to make a quick dollar at the expense of a long term investment
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