CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Buffalo Drilling Update, page-73

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  1. 92 Posts.
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    LittlePrince33

    In addition to reading this forum.

    If you become a shareholder Carnarvon Energy will provide you with a regular newsletter updating the future drill programmes and other progress in a proposed biodiesel carbon friendly business
    As Petergm said have a look at the websites of three interested parties Advance in relation to Buffalo, Santos and CVN in relation to Pavo and Apus.
    Going to the AGM in early November revealed the phenomenal opportunity in the Bedout basin going forward with over 90 targets identified and financing strategies for the construction/ development of the immediate Dorado field.

    I have no trading strategy to recommend you.
    I did accidentally own this when the Dorado field was found to have oil in liquid form in 2018.
    The share price shot up from about 17 c to 69 c or so in the weeks ensuing. Sadly I was out at 24 c on day one.
    It dropped back to low 30s then soared up again above 60 cents the last time an exploration was happening in mid 2019.
    I bought a few million shares in November 2021 too.
    My average entry is closer to 40 c with holding costs.
    My dream is this gets taken over by an Australian major one day at a healthy premium and if not then producing liquids and providing fat dividends from 2026 onwards ....

    best wishes
 
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5 2079103 16.5¢
 

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Price($) Vol. No.
17.0¢ 1462061 14
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