CVN 0.00% 19.5¢ carnarvon energy limited

Ann: Thailand Operations Update - L44 and L33 , page-34

  1. 11,419 Posts.
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    El, Big investors do not have the exact same investment criteria.

    Agree the more risk adverse superannuation funds do try and pick the winners in a certain index.

    They do this by examining growth shedules and projecting profits out 2 yrs.

    This is why a reliable and healthy growth shedule is important for further advancement up the indexs.

    Other big investors,eg: investment banks, will invest earlier to put themselves in a position to take advantage of the above.

    Enough of that.

    Some very good points being made in support of the sp.

    RE; Sandstone reservoirs,likened to Sirikit that additional rigs might very well prove correct.

    Tax advantages of drilling in Thailand.

    Production Licenses approval to increase production this Quarter.

    To name a few.

    I'm more confident of CVN'S future because of this debate.

    Don't have guilty feelings about upramping you were paticipating in a factual debate.

    Well done all.

    Cheers EWO.
 
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