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3.23% 15.0¢ carnarvon energy limited

reserves based non recourse senior debt means that the lenders...

  1. veg-e-mate
    125 Posts.
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    26/07/22
    08:36
    Post #: 62722297
    reserves based non recourse senior debt means that the lenders loan against the value of the reserves. non recourse generally means that if stuff goes bad that the lender can only seize the specific assets mentioned in the loan agreement. senior debt means they get paid first against any sale of the asset
    CVN Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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