CVN 2.50% 19.5¢ carnarvon energy limited

Today is a good for us. An outsider - after having gone through...

  1. 18,600 Posts.
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    Today is a good for us.

    An outsider - after having gone through all the data, has offered us a valuation of USD $1.5B for the project - whilst the oil and gas is still in the ground, and just before NOPSEMA gives us the final tick and FID.

    They are basically saying they want to jump in first, before the NOPSEMA and final tick of approval on FID.

    In addition, it will provide STO a starting point to sell down their interest as well.

    I think the market will wake up as well and we will get to 30 cents within the next 6 months.


 
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