CVN 0.00% 16.5¢ carnarvon energy limited

I understand the caution of posters here (and it’s admirable for...

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    I understand the caution of posters here (and it’s admirable for HotCopper where optimism bordering on the wilfully delusional is often the order of the day) but there would be geologists who go their entire careers and never drill an exploration well with a 63% COS like Roc South - and that’s the riskiest of the four wells in CVN’s upcoming drilling program.

    So by all means be cautious, but don’t lose sight of the fact that this is a rare opportunity for a company of CVN’s size in this day and age. I can’t think of junior oiler on the ASX with brighter prospects, onshore or offshore.
 
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