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

CVN

Click for more information

5.13%

20.5¢ carnarvon energy limited

Ann: Corporate Presentation, page-38

First 38 Last

Share
Profile

Follow
Rossco42

471 Posts.

73

11/05/24

17:29

Post #: 73779273
Share

Originally posted by entropylord: ↑

Agree that it is unlikely that Collins buying is doing very much to the sp, but it sure has more impact than some of the fantasies some have.

As for Gallagher, he wants to go ahead with it, currently it’s an asset he’s probably getting no credit for. There’s a question of how much risk he wants to carry through delivery vs how much he can extract up front from selldown. He’s got to get FID ready and guarantee to proceed in order to get a decent price for a farm down.

With STO’s limited offshore project experience and still having major projects in progress it makes sense to farm down enough to fund his remaining capex, and perhaps also to get someone else to operate the project, if those with the best offers also have better FPSO experience. I really don’t know what expertise they have in house, but imo JustCroozin made valid points about their limited corporate experience with such projects.

Imo if they can get a suitable FPSO for redeployment then the ducks are now lined up, clearly last time they aimed for FID the ducks were all over the place.

Hopefully this time next year our sp is in the thirties.

EL

Expand

hes getting no credit because they didnt discover it and have done nada with it since purchase

CVN Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

There are more pages in this discussion • 32 more messages in this thread...

First 38 Last

Add CVN (ASX) to my watchlist

(20min delay)
Last 20.5¢		Change 0.010(5.13%)		Mkt cap ! $353.2M

Open	High	Low	Value	Volume
20.0¢	20.5¢	19.5¢	$492.2K	2.477M

Buyers (Bids)

No.	Vol.	Price($)
3	55000	20.0¢

Sellers (Offers)

Price($)	Vol.	No.
20.5¢	415302	9

View Market Depth

No.	Vol.	Price($)
3	55000	0.200
9	406058	0.195
12	629416	0.190
20	3449059	0.185
11	1048001	0.180

Price($)	Vol.	No.
0.205	415302	9
0.210	756875	10
0.215	135000	3
0.220	674358	14
0.225	1496507	11

Last trade - 16.10pm 19/06/2024 (20 minute delay)

CVN (ASX) Chart

SPONSORED BY