CVN 0.00% 15.5¢ carnarvon energy limited

hartleys 12 month target, page-18

  1. 3,891 Posts.
    9876.
    Actually i wouldnt scoff. If the stock market recovers in the second half of the year and we have seen the worst of unemployement.. and there are some signs that a recovery of small sorts may be on the cards towards the second half, then the first thing that will start to climb is the poo.

    Many pundits i have seen on cnbc are forcasting a doubling of oil by years end, so i personally dont think $80 is far fetched in the slightest..

    Having said that 72c is i reckon pie in the sky, unless Ted has something up his sleave aquasition wise, which he has eluded to..
    I will save this thread and post in 12 months so we can see how things went anyway.
    Cheers.
 
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