CVN 3.23% 16.0¢ carnarvon energy limited

broken promise = SP dump

  1. 707 Posts.
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    Taken from August announcement...

    "The discovery represents one of the most significant developments in Australian oil and gas in recent times. At this preliminary stage it is too early to quantify the recoverable volumes of oil. Further technical evaluation of log and core data will enable Carnarvon and its partners to be in a position to make that information public by the end of 2014."

    Not good enough for experienced oil companies..this kind of update should have been given at least a month ago, not NOW when everyone is expecting results.
 
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