CVN 3.03% 16.0¢ carnarvon energy limited

Yes I bought a few more at 21c. This is now my biggest holding...

  1. 311 Posts.
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    Yes I bought a few more at 21c. This is now my biggest holding around 30% of the portfolio. Paid an average of slightly above the cash value of 18c so think there is a margin of safety as I don't think the new board will allow the funds to be wasted. Hopefully STO manage to sell down some of their interest soon as that will bring development timeframe closer and ideally still on track for FID this year. Huge amount of prospectivity in the Bedout on offer through CVN and from future commercialisation of the gas at Pavo with another discovery.

    Good luck Wishlist, I see you've been in this for a long time so hope your patience is rewarded
    Last edited by Sammyjh: 04/06/24
 
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