CVN 1.52% 16.8¢ carnarvon energy limited

Nice find. The important consideration here is 'pre-Christmas'...

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    Nice find. The important consideration here is 'pre-Christmas' or pre-COVID. Santos obviously want to continue with Dorado but further clarity on time frames would be a possible catalyst for CVN.

    I also have a few questions on how CVN will be able to source funding for its share of the overall development. Again, the answer is probably 'through a mix of debt and cash (via CR)' but again, it's a question to revisit given COVID.

    Interesting times for the oil industry.

    Baron
 
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