Australia's largest stock trading and investment forum Australia's #1 stock forum

CVN

Click for more information

0.00%

15.5¢ carnarvon energy limited

@Trainmain Thank you for such detailed, well articulated reply....

First 65 Last

Share
Profile

Follow
LittlePrince33

32 Posts.

1

27/12/21

16:21

Post #: 58529132
Share

Originally posted by Trainman: ↑

I believe if oil remains around $75 US per barrel

if Dorado is 33 cents at present with 30 million barrels net of liquids
if Buffalo success mid case 15 million net to CVN may be worth plus 15 c
if Pavo success mid case 25 million net to CVN may be worth plus 25 c
if Apus success mid case plus 77 million net to CVN may be worth plus 77 c

so potentially late January / early Feb - 48 cents with Buffalo success
mid March - 73 c after Pavo and Buffalo success
mid to late April by - $1.50 if Pavo , Buffalo and Apus successful as well.

CVN reserves may have an extra 115 million barrels of liquids added to their present holding of Dorado 30 million recoverable.

This could be a lot higher if oil rises higher in this period of time and a takeover with premium ensues.

I do hold a few of these so expect a bullish opinion.

cheers

Expand

@Trainmain Thank you for such detailed, well articulated reply. Deeply grateful.

CVN Price at posting: 32.5¢ Sentiment: Buy Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

EBR

EBR reaches review milestone for wireless cardiac pacing device

TLG

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

HYT

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

EMR

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

I88

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

There are more pages in this discussion • 48 more messages in this thread...

First 65 Last

Add CVN (ASX) to my watchlist

(20min delay)
Last 15.5¢		Change 0.000(0.00%)		Mkt cap ! $277.3M

Open	High	Low	Value	Volume
15.0¢	15.5¢	14.5¢	$225.9K	1.493M

Buyers (Bids)

No.	Vol.	Price($)
12	717277	14.5¢

Sellers (Offers)

Price($)	Vol.	No.
15.5¢	1291149	7

View Market Depth

No.	Vol.	Price($)
12	717277	0.145
4	413500	0.140
3	457057	0.135
4	506730	0.130
3	44210	0.120

Price($)	Vol.	No.
0.155	988308	6
0.160	1021807	13
0.165	369060	8
0.170	1282192	16
0.175	1061959	10

Last trade - 16.10pm 29/08/2024 (20 minute delay)

CVN (ASX) Chart