CVN 0.00% 17.0¢ carnarvon energy limited

Ann: Investor Presentation, page-2

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  1. 809 Posts.
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    aside from selling acreage/the whole shebang or farmouts I don't think the share price will move much until 2020 or later. I know the company have said they'd like to see it higher but I just don't think there's much they can do about it.

    Dorado drill results by mid-2018, potential follow-up drill prior to confirming the strategy for the area.

    Really I think they are being too quite on strategy\potential timeframe for that area. That is really what's going to make the SP move.

    I think for the next 3/4 years we'll get the same kind of positive drill results with little improvement to the SP.

    I know I'm being impatient, but two months now into 2017 I suppose I just hoped by now we'd be a little bit closer to making some money.
 
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