CVN 3.23% 16.0¢ carnarvon energy limited

APUS SPUD imminent and a biilion net profit potential, page-10

  1. 140 Posts.
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    YA I think your abacus is overdue for a service- the present value of an income stream of 10 cents per year for 10 years discounted at 10% is 64 cents not 34 cents . which is the number you appear to have used to rubbish Trainmans post! (31/90=.34)
    Euroz have run the numbers on Dorado/Pavo and came up with a NPV of somewhere between $1 billion and $1.2 billion for CVNs share , which implies a value of somewhere between 55 cents and 70 cents per CVN share . They used two oil price scenarios viz $US65 and $US 85 per barrel and an exchange rate of $us 75 cents =$a1.00. Most importantly for this current argument they discounted the cashflows at 10%pa. Note that is just for the Dorado/Pavo oil phase. It doesnt consider CVNs other assets including its Bedouit basin exploration portfolio (including APUS) or future gas phase cashflows from Dorado/Pavo.
 
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