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2.63%

18.5¢ carnarvon energy limited

shorts down again today at approx 44,026,000 ...bye bye...

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Garry & Sarah

462 Posts.

55

03/03/21

13:29

Post #: 51483563
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Originally posted by ohyeah76: ↑

it worked.

i like this part... "Net cost to CVN is less than $20m based upon prior campaigns;"that still leaves $80m-$85m in cash.

assuming Advance can raise their $20m for buffalo... that makes CVN's net exposure of $20m for 3 drills in the next 12 months... and if the oil gods are smiling on CVN and we hit the expected targets in each of the 3 areas (buffalo, apus, pavo) thats a $20m spend for a potential $700m increase in share price at the 80c target.

i have to ask myself, with that upcoming drilling schedule, and a previous success rate of 8 from 9 drills... would i be sitting comfortably if i was a shorter...

looking forward to the next 12 months and calling our old high of 69c our new bottom.

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shorts down again today at approx 44,026,000 ...bye bye shorters...

CVN Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 18.5¢		Change -0.005(2.63%)		Mkt cap ! $330.6M

Open	High	Low	Value	Volume
18.5¢	19.0¢	18.5¢	$348.3K	1.878M

Buyers (Bids)

No.	Vol.	Price($)
20	1443235	18.5¢

Sellers (Offers)

Price($)	Vol.	No.
19.0¢	959786	8

View Market Depth

No.	Vol.	Price($)
18	1323235	0.185
19	1665373	0.180
11	1572785	0.175
2	260000	0.170
4	295700	0.165

Price($)	Vol.	No.
0.190	697786	6
0.195	699214	11
0.200	1761465	29
0.205	538622	10
0.210	1183168	12

Last trade - 16.10pm 26/04/2024 (20 minute delay)


Last 18.8¢			Change -0.005 ( 0.27 %)
Open	High		Low	Volume
18.8¢	19.0¢		18.5¢	607579
Last updated 15.59pm 26/04/2024 ?

CVN (ASX) Chart