CVN 0.00% 20.0¢ carnarvon energy limited

Fast Track Buffalo Production, page-28

  1. 3,409 Posts.
    lightbulb Created with Sketch. 493
    My point is if Buffalo is a goer @ 31mmbo of light sweet oil, the price will rise considerable (with our other possible developments).

    It hasn't been factored in to the current share price but if B10 flows than the S/P will rip.

    It is Lordy saying, even if the scenario is the go, our S/P still wouldn't be anywhere near a $1.

    Well Lordy is plain wrong, on that one - the market will decide but a $1 S/P is not out of the question, given it's is a short-term development with the likelihood that the majority of net profit will flowing straight into the Dorado development. Meaning - less debt and/or CR required for Dorado.

    If the cards fall right - AC & his gang might just pull off a massive coup of brilliant management.
    Last edited by magpie4ever: 31/07/19
 
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