CVN 0.00% 19.5¢ carnarvon energy limited

nse i1 new oil field, page-23

  1. 13,963 Posts.
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    Hi Folks,

    This was not the announcement to match the "expectations of the announcement".

    Great little oiler, well run, lucky, great resource with great financials. Doing ALL the right things.

    However I sold my last this morning, pleasantly suprised that most that had been sitting in the q for a few days at 86.5 went on this "decent progress" announcement.

    Might be back but not until Mr market prices it as an absurd giveaway no-brainer bargain that he has several times over the last 2 years.

    Good luck folks, hope you do well, but don't expect a three bagger in three months again anytime soon. More in the story, but it's going to be much slower for the sp from here imho.

    EL
 
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