CVN 0.00% 16.5¢ carnarvon energy limited

Just read an article on STO by Goldman dated mid April "the...

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  1. 284 Posts.
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    Just read an article on STO by Goldman dated mid April

    "the Dorado oil appraisal programme could unlock another US$1bn of value over the next 12 months."

    CVN was 44c in mid April so a potential added value of US$250M for CVN reflects about 26c per share for a sp of 70c. This of course does not allow for any other news.

    Nothing spectacular but still a great return if CVN gets there this year. There will be ups and downs of course.
 
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