CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Thailand Asset Sale Agreement - Additional I, page-2

  1. 2,163 Posts.
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    re: Ann: Thailand Asset Sale Agreement - Addi... Im smelling serious intent(by LOYZ) here.
    * funding to come from internal resources (oh yeah) and(much!) external fund raising/s(you betcha)
    * purchase (price) based on reserve report/s which they acknowledge is in their hands.
    * Independant estimate of the NPV of the oil-in-ground assets forming the basis for the purchase- $US 492.3m (100%).
    * the oil assets in question referred to as "prime assets"
    * CVN to be able to book a profit in 13/14 of $2.928944m. (let me know if I have misinterpreted this-it surely wont be LOYZ booking such a profit)
 
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