CVN 2.70% 19.0¢ carnarvon energy limited

BANG 13 cents, page-2

  1. 685 Posts.
    lightbulb Created with Sketch. 110
    On a like for like basis with AWE t/o offer..CVN should be around 55-60c. This means $550mil - $600mil offer.
    Just proving up Caley and Milne to around 200mmboe 2c reserves net to Cvn.20% should do this.
    Adrian did say currently at 70mmboe is worth around $210mil.
    Anyway hope for a premium much higher from other prospects.
 
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