CVN 0.00% 16.5¢ carnarvon energy limited

Cvn is pretty much sitting at cash backing if you include funds...

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  1. 72 Posts.
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    Cvn is pretty much sitting at cash backing if you include funds coming from sale of half Thai assets. Still owns 20% of Thai op which is currently profitable. Cvn has already hit gas/oil. There is obviously less hype in the share price but huge upside with downside minimal. It will drop if not commercial but current share price good value.
    Tpt has not much money left and had zero gas shows in expensive well. Don't know too much about tpt to be honest.
 
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