CVN 0.00% 19.5¢ carnarvon energy limited

Allan,Certainly good to see the ground floor opportunities...

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    Allan,

    Certainly good to see the ground floor opportunities building, and very good that it's building within a company with cash flow. I guess we can expect to have seriously better cashflow too by the time all these new permits require serious expenditure. Some no doubt will be dropped without being drilled.

    I am often wary of small oilers picking up the salt water equivalent of moose pasture, and throwing dollars into it, but with Ted I feel there is a lot of astute selectivity going on - he's certainly got the track record.

    Just wish google would be kind an give me some info on these new permits.

    EL
 
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