CVN 3.13% 16.5¢ carnarvon energy limited

Ann: Buffalo-10 Drilling Update, page-45

  1. 2,045 Posts.
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    alce, sure there's risk & as far as I can determine, no other company has ever been involved in such a professional geo-tech risk aversion strategical operation. Long running, the oil is there. Smacks of uzz experts call the shots, we know what we're doing. Hell, I bought into CVN because of buffalo, pre Dorado. How many of us do they expect to hang around for Dorado production in 10 years after this lot? Not a good look, spin it any which way the look is negative. S/P crisis tomorrow? You betcha. I'm still hoping for a rabbit out of the hat; like computer glitch, typo, broken pressure gauge, overheated microscope. There's a million of them. UK investors will already have assumed it's a con job.
 
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