CVN

2.56%

20.0¢ carnarvon energy limited

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

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muddy waters

297 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

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

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

Patagonia looks to raise $2.15M for South American exploration and development

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

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	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

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

Patagonia looks to raise $2.15M for South American exploration and development

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

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Buyers (Bids)

Sellers (Offers)

Featured News