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2.63% 18.5¢ carnarvon energy limited

Ann: Capital Raise, page-56

  1. ohyeah76
    3,479 Posts.
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    15/05/18
    08:09
    Post #: 33092605
    can someone please confirm...

    am i right in thinking that, let's say CVN spends the whole $20m in procuring long lead items and developing Buffalo further, then any farm-in partner would have to reimburse CVN $8m??

    or does it work differently regarding any money spent by CVN on the project prior to farm-in?
    CVN Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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