Australia's largest stock trading and investment forum Australia's #1 stock forum

CVN

Click for more information

3.03%

17.0¢ carnarvon energy limited

Mark the great one's word, Buffalo revenue will pay for the...

First 69 Last

Share
Profile

Follow
magpie4ever

3,409 Posts.

493

16/08/18

16:56

Post #: 34981293
Share

Originally posted by entropylord ↑

Feathers,

Tut tut, no ones going to take your word for it.

Bufallo might or might not pay for Dorado development. It most certainly is extremely unlikely to pay for Dorado appraisal or accompanying exploration. Appraisal likely to commence well before B10 is even drilled, and if there is anything AC doesn’t do then that is to sail close to the wind with funding.

As I’ve said before I expect a CR around the time the E&A program is announced, or in fact anytime after the volumetrics. I don’t expect any one to take my word for it either, just for them to consider my reasoning, as it is only considered opinion.

Good to see that gap closed, I don’t hold much store by charts, but I am hugely superstitious with respect to plausibly closeably gaps. Seemed like this morning all the buyers were standing back waiting for the gap to close and move firmly above it. Maybe it will be tested again, but I doubt 38 will be breached.

If 40 is fair then the market is expecting some pretty mediocre volumetrics imho.

EL

Expand

Mark the great one's word, Buffalo revenue will pay for the majority of the appraisal/development of Dorado.

CVN Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

IMA

Issues emerging as Australian companies tackle critical minerals challenge

OCT

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

ARV

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

ARB

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Tonight's US CPI data could set the tone for November. What are markets expecting?

There are more pages in this discussion • 46 more messages in this thread...

First 69 Last

Add CVN (ASX) to my watchlist

(20min delay)
Last 17.0¢		Change 0.005(3.03%)		Mkt cap ! $304.1M

Open	High	Low	Value	Volume
16.5¢	17.0¢	16.5¢	$74.25K	443.8K

Buyers (Bids)

No.	Vol.	Price($)
6	266481	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
17.0¢	484699	8

View Market Depth

No.	Vol.	Price($)
6	266481	0.160
8	460540	0.155
9	554362	0.150
19	765692	0.145
12	557777	0.140

Price($)	Vol.	No.
0.170	484699	8
0.175	947347	7
0.180	551225	9
0.185	877813	5
0.190	860388	5

Last trade - 16.10pm 10/10/2024 (20 minute delay)

CVN (ASX) Chart

SPONSORED BY