Australia's largest stock trading and investment forum Australia's #1 stock forum

CVN

5.88%

16.0¢ carnarvon energy limited

And the way the AUD is going it could get even better assuming...

First 105 Last

muddy waters

303 Posts.

10/09/18

15:52

Post #: 35500874

Originally posted by magpie4ever ↑

Column 1 Column 2 Column 3 Column 4

1 Column 1 Column 2 Column 3 Column 4

2 Dorado Oil

3 Low case (1c) Mid case (2c) High case (3c)

4 Recoverable oil 82,000,000 171,000,000 320,000,000

5 Revenue $75/b $6,150,000,000 $12,825,000,000 $24,000,000,000

6 Cap ex -$500,000,000 -$500,000,000 -$500,000,000

7 Op ex $20/b -$1,640,000,000 -$3,420,000,000 -$6,400,000,000

8 Gross profit $4,010,000,000 $8,905,000,000 $17,100,000,000

9 Tax - 40% $1,604,000,000 $3,562,000,000 $6,840,000,000

10 NPAT $2,406,000,000 $5,343,000,000 $10,260,000,000

11 CVN share (20%) $481,200,000 $1,068,600,000 $2,052,000,000

12 $ per CVN share in AUD $0.62 $1.37 $2.62

13

14

15 Buffalo Oil

16 Low case (1c) Mid case (2c) High case (3c)

17 Recoverable oil 15,300,000 31,100,000 47,800,000

18 Revenue $1,147,500,000 $2,332,500,000 $3,585,000,000

19 Cap ex -$150,000,000 -$150,000,000 -$150,000,000

20 Op ex -$306,000,000 -$622,000,000 -$956,000,000

21 Gross profit $691,500,000 $1,560,500,000 $2,479,000,000

22 Tax - 40% $276,600,000 $624,200,000 $991,600,000

23 NPAT $414,900,000 $936,300,000 $1,487,400,000

24 $ per CVN share in AUD $0.53 $1.20 $1.90

25

26 Assumptions

27 Shares on issue 1,100,000,000

28 Oil price $75.00

29 Dorado production costs $20.00

30 1 AUD = $1.4065 USD $1.41

Updated your spreadsheet, believe I got it right.

All figures in US dollars until $ per CVN share in AUD.

Massively undervalued.

Expand

And the way the AUD is going it could get even better assuming production costs are not greatly affected.

I need some buffer at the moment
Europe is getting dearer by the day. Poor old Aussie.

CVN Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held

2 Upvote

0 Great analysis

Top Stories

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

IMA

Issues emerging as Australian companies tackle critical minerals challenge

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

There are more pages in this discussion • 177 more messages in this thread...

First 105 Last

Add CVN (ASX) to my watchlist

(20min delay)
Last 16.0¢		Change -0.010(5.88%)		Mkt cap ! $286.2M

Open	High	Low	Value	Volume
17.0¢	17.0¢	16.0¢	$90.30K	546.0K

Buyers (Bids)

No.	Vol.	Price($)
9	303067	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
17.0¢	620669	10

View Market Depth

No.	Vol.	Price($)
7	249317	0.160
6	447638	0.155
11	707702	0.150
16	738282	0.145
11	542777	0.140

Price($)	Vol.	No.
0.170	545669	9
0.175	666990	5
0.180	501225	8
0.185	119057	4
0.190	810388	4

Last trade - 16.10pm 11/10/2024 (20 minute delay)

CVN (ASX) Chart

And the way the AUD is going it could get even better assuming...

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Defence MOU for propulsion systems pushes Aurora Lab shares higher

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Issues emerging as Australian companies tackle critical minerals challenge

Cauldron Energy reports "excellent" uranium assays in latest drill run

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

	Column 1	Column 2	Column 3	Column 4
1	Column 1	Column 2	Column 3	Column 4
2	Dorado Oil
3		Low case (1c)	Mid case (2c)	High case (3c)
4	Recoverable oil	82,000,000	171,000,000	320,000,000
5	Revenue $75/b	$6,150,000,000	$12,825,000,000	$24,000,000,000
6	Cap ex	-$500,000,000	-$500,000,000	-$500,000,000
7	Op ex $20/b	-$1,640,000,000	-$3,420,000,000	-$6,400,000,000
8	Gross profit	$4,010,000,000	$8,905,000,000	$17,100,000,000
9	Tax - 40%	$1,604,000,000	$3,562,000,000	$6,840,000,000
10	NPAT	$2,406,000,000	$5,343,000,000	$10,260,000,000
11	CVN share (20%)	$481,200,000	$1,068,600,000	$2,052,000,000
12	$ per CVN share in AUD	$0.62	$1.37	$2.62
13
14
15	Buffalo Oil
16		Low case (1c)	Mid case (2c)	High case (3c)
17	Recoverable oil	15,300,000	31,100,000	47,800,000
18	Revenue	$1,147,500,000	$2,332,500,000	$3,585,000,000
19	Cap ex	-$150,000,000	-$150,000,000	-$150,000,000
20	Op ex	-$306,000,000	-$622,000,000	-$956,000,000
21	Gross profit	$691,500,000	$1,560,500,000	$2,479,000,000
22	Tax - 40%	$276,600,000	$624,200,000	$991,600,000
23	NPAT	$414,900,000	$936,300,000	$1,487,400,000
24	$ per CVN share in AUD	$0.53	$1.20	$1.90
25
26	Assumptions
27	Shares on issue	1,100,000,000
28	Oil price	$75.00
29	Dorado production costs	$20.00
30	1 AUD = $1.4065 USD	$1.41

And the way the AUD is going it could get even better assuming...

Top Stories

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Defence MOU for propulsion systems pushes Aurora Lab shares higher

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Issues emerging as Australian companies tackle critical minerals challenge

Cauldron Energy reports "excellent" uranium assays in latest drill run

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News