CVN 7.14% 15.0¢ carnarvon energy limited

Lengming,In places like Saudi they HAVE TO cut back, because of...

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    Lengming,

    In places like Saudi they HAVE TO cut back, because of the OPEC cuts.

    Agree CVN has the right cost structure to prosper through all this though. People are getting impatient though and that is feeding on itself, and then people jittery of the whole sector, or whole market.

    I am sensing a need for another bout of capitulation from the asx oilers, despite the low sp's.

    CVN is one of the few where I am comfortable that the underlying business is moving forward even if not reflected in the sp.

    Northern lattitudes news just gets worse and worse.

    EL

    EL
 
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