CVN 0.00% 16.5¢ carnarvon energy limited

dividend payment, page-13

  1. 13,988 Posts.
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    Wipz,

    Forget LNG, in WA domgas is the way to go.

    See STO announcement today, looks like they are signing up domgas at 75% of poo parity.

    That seems way better bthan LNG to me for small players, when you consider that for domgas unlike LNG you do not have to first prove up 20 years supply, then invest 5 years or more developing the LNG project - maybe 2 to 3 years and much less capex and much less reserves base required for domgas.

    Actually I like CVN to keep it's current focus, get the heavily taxed, but still EXTREMELY lucrative rewards flowing into the coffer from Thailand for a while before getting too aggressive with growth.

    EL
 
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