CVN 0.00% 16.0¢ carnarvon energy limited

Ann: Capital Raise, page-41

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  1. Ya
    6,809 Posts.
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    Cosmo

    I think its best not to speculate further & to leave it for the Company to release what they intend to do with the proceeds of the CR, whether that buys a truckload of Arnotts or Stationery for their local office.

    They need a PSC first & update the market in due course about it. Surely their Analysts who haven't valued Buffalo in recent updates would want to know the Fiscal terms too rather then paraphrase the RISC report & the Topo map of the Buffalo Rise/Bank. Anyways, have a good wk'end all.
 
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