CVN 6.06% 17.5¢ carnarvon energy limited

Hartleys recent report had a 12 month target of 24c....

  1. 96 Posts.
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    Hartleys recent report had a 12 month target of 24c.
    http://www.carnarvon.com.au/wp-content/uploads/2017/04/Carnarvon-Petroleum-Ltd-3Q17-042617.pdf

    That was before news from Buffalo was mentioned and I'm hoping for a further re-rate upwards by the brokers once Adrian talks on the 13th of Sept about the Phoenix project. What we will need before this price eventuates is a bit of a change on the oil sentiment and FOMO when CVN starts drilling again or another unforeseen event etc.
 
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