CVN 2.50% 20.5¢ carnarvon energy limited

Looking back at the Euroz Broker report and the value they...

  1. 146 Posts.
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    Looking back at the Euroz Broker report and the value they assigned to the Dorado discovery was 57c/share for the 171 mmboe.
    Using this as a yardstick, a success at the P50/mean levels (59/74mmboe) for Roc South would be 19/25c / share
    Nice!

    Now, the market currently values CVN at ~60% of the Euroz valuation of $0.94 ......so a 10-15c expected bump in share price in the Roc South success case? Still good!

    To tie this in with the Thread title:
    Roc South Value (Using assumption above): 20c/share x 1.3billion shares = $A260million
    Dwayne Johnson net worth ~US$280million

    Dwayne has still got us covered! P
    Happy weekend everyone.
 
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