CVN 2.56% 19.0¢ carnarvon energy limited

Hi M, CVN would from my perspective would get the best price for...

  1. 467 Posts.
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    Hi M,
    CVN would from my perspective would get the best price for any sell off with Apus on board . In addition, Santos could also be wanting to sell
    part of it’s interest. The combined sell down would in my opinion attract a better price. One of the majors would get a bigger piece of the action in a new developing petroleum province with higher probability of future successes as the seismic, geological, structural and FFE over potential
    deposits are known. If we could attract Federal govt financial interest in saying they would take so many millions as part of a sovereign security reserve, like what they purchased in the US, then the development of Dorado could be accelerated. Once the initial production starts then tying other finds could proceed to again add to this sovereign reserve. Fuel companies could buy to build their 30 day local supply required. Again renovating the old Kwinana refinery as infrastructure investment by federal and WA govts would recreate a petrol chemical complex. We need development of this resource quickly to assist the transition across to more renewable and gas to be a part of this transition as well.






 
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